Central Bank of Uzbekistan in August becomes one of the world’s largest buyers of gold

Tashkent, Uzbekistan (UzDaily.com) -- The Central Bank of Uzbekistan became one of the largest buyers of gold in August 2022. The data is provided in the World Gold Council report.

The central banks of Turkey and Uzbekistan purchased 9 tons of gold in August each. As a result, Uzbekistan’s gold reserves reached 382.6 tons.

The National Bank of Kazakhstan took the third place. The National Bank of Kazakhstan bought 2 tons of gold and brought the volume of reserves to 375 tons.

Uzbekistan acquired 19 tons of gold during the year, while in January-March the country sold 25 tons of the precious metal.