Uzbekistan exports about 2 tons of gold
Uzbekistan exports about 2 tons of gold
According to the World Gold Council, the world's central banks increased their gold reserves by 50 tons in November 2022. The largest buyer of the month was the People's Bank of China, which bought 32 tons of gold, followed by the Central Bank of Turkey with 19 tons.
Kazakhstan and Uzbekistan became the main sellers of gold. While the former exported 4 tons, the latter sold 2 tons. At the beginning of December, the volume of the gold reserve of the Uzbek Central Bank accounted for 397 tons, and the Kazakh National Bank — 380 tons.
Uzbekistan exported gold worth $3.52 billion in 11 months of 2022. (14% less than the same period in 2021). The share of gold in the volume of exports fell from 26.5% to 20%.
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