Uzbekistan: gold exports down in H1 2024

Uzbekistan exported gold worth $4.1 billion from January through June. According to the data from Uzbekistan’s Statistics Agency, this figure has decreased by 4.6% YoY. Meanwhile, the total volume of Uzbekistan’s goods and services exports amounted to $12.9 billion from January through June, up by 4.8%. The gold holds the country’s majority of reserves, totaling…

Uzbekistan: gold sales down in May 2024

In May, central banks globally bought 23 tons of gold and sold 12 tons. Kazakhstan was the biggest seller, offloading 11 tons. Poland led buyers with 10 tons, followed by Turkey with 6 tons and India with 4 tons. Uzbekistan’s central bank didn’t sell any gold in May after selling 1 ton in April. Thus,…

Kyrgyzstan: gold not to be mined at Shambesai

Gold will not be mined at Shambesai, President of Kyrgyzstan Sadyr Japarov has said. The president was in Kadamdzhai district of Batken region. There he met with local residents on the issue of development of Shambesai gold field. Sadyr Japarov said that an end had been put to this issue. “Now let’s forget about this…

Kyrgyzstan: 2.1 tons of gold exported in Q1 2024

In January-March, about 2.1 tons of the precious metal were exported from the Kyrgyz Republic. While in previous months the republic exported almost the entire volume of gold to Switzerland, now the leader was Hong Kong (China). The top five export commodities remain unchanged for the second year in a row: gold, ores and concentrates…