Why is this important
The sharp increase in the supply and demand for gold reflects the trend towards investing in precious metals as a protective asset. People are trying to maintain the value of funds against the backdrop of inflation and instability.
What happened
- On October 3, there were 17 bars in the banks of Tashkent, and as of October 7, there were already 4,756.
- The most affordable 5 gram bars are 2,378 units, priced around 7.8 million soums (depending on the exchange rate and margin).
- The largest bars — 100 grams — are only 60 pieces, each cost almost 160 million soums.
- Demand is growing: in 2025, banks have already sold 17,387 bars, which is more than in the entire period of 2020-2023.
- According to official data from the Central Bank, the price of measured bars is: 5 g — 7.69 million soums; 100 g — 153.83 million soums.
- Infinbank sells ingots weighing 5, 10, 20, 50 grams in packaging; you can buy back when checking the packaging quality.
The increase in sales and supply indicates that the population perceives gold as a long-term asset — not for quick trade.
Context
The Central Bank regularly updates the prices of gold bars, taking into account the global price of gold and the domestic margin of banks. The trend towards increased demand for precious metals has intensified in several countries amid economic uncertainty.
