As of March 1, 2026, the value of Uzbekistan's gold reserves reached $67.7 billion. This figure is significantly higher than $55.1 billion at the beginning of the year.
According to the Central Bank, during this period, the volume of physical gold increased from 12.6 million troy ounces to 13.1 million troy ounces. The increase in international market prices led to a significant increase in the value of reserves.
The regulator notes that gold serves as a strategic, reliable, and safe asset during periods of economic instability and geopolitical risks. It has high liquidity, does not face credit or debt risks, and is a natural defense against inflation and currency devaluation. For information, the troy ounce is a standard unit for precious metals (gold, silver, platinum, palladium), equal to 31.1035 grams, and is used in banking, jewelry, and stock exchanges.
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