Uzbekistan's gold reserves have increased by 10 tons: WGC data

The latest data on the purchase of gold by central banks worldwide for January-November 2025 has been published. According to the WGC (World Gold Council), central banks around the world have been continuing to expand gold reserves for several months, with a total of 45 tons of gold purchased in November.
According to this statistic, Uzbekistan purchased 10 tons of gold in November, taking third place in this sector after Poland (12 tons) and Brazil (11 tons). The next competitors of Uzbekistan are the central banks and countries of Kazakhstan (8 tons), Kyrgyzstan (2 tons), Czech Republic (2 tons), China (1 ton) and Indonesia (1 ton).
Uzbekistan's gold purchases serve to strengthen the country's foreign exchange reserves, increase economic security, and protect the economy from geopolitical risks. This decision is also consistent with the goals of reducing global financial uncertainty and geopolitical stress, as well as reducing dependence on the dollar.
In addition, the central banks of Jordan (2 tons) and Qatar (1 ton) are listed as net sellers of gold.
Read “Zamin” on Telegram!