What is going on
- 1 gram of gold now costs 1,510,660 soums (+0.36% per day).
- A 5g ingot is valued at 7.553 million soums, which is 22,000 soums higher than the previous record.
- Since the beginning of 2025, gold in Uzbekistan has increased by 33.4%, and over the year, by 38.3%.
World market
- The price of a ounce on the COMEX exchange reached $3688.51.
- The current spot price is $3681 per ounce ($118.35 per gram).
- Over the year, gold prices in the world increased by 44%.
Context
The Central Bank has been selling gold coins to the population since 2018, and bars since 2020. Citizens are allowed to export gold abroad while observing the rules.
According to the Central Bank, by September 2023, Uzbeks had 255 kg of measured bars, with 10 grams being the most frequently purchased. Access to gold is seen as an alternative to dollar savings and a tool for investment.
