Economy

Central Bank of Uzbekistan bought 8 tons of gold in August 2026

Illustration: Tezkun / AI. Not a photograph of the event.

In August 2026, the Central Bank of Uzbekistan acquired 8 tons of gold, bringing the total volume of purchases since the beginning of the year to almost 50 tons, according to the World Gold Council (WGC).

According to the World Gold Council (WGC), in August 2026, the Central Bank of Uzbekistan purchased 8 tons of gold, bringing the total volume of purchases since the beginning of the year to almost 50 tons. In August, the world's central banks collectively purchased 39 tons of gold, and since the beginning of the year, the volume of net purchases has reached 170 tons. China was the largest buyer of the month, increasing its reserves by 20 tons. Uzbekistan shared second place with Poland, which also acquired 8 tons of the precious metal.

By the end of August, Uzbekistan's official gold reserves amounted to around 439 tons. The share of gold in the country's international reserves reached approximately 90%. In terms of total purchases since the beginning of the year, Uzbekistan ranked third in the world, behind Poland (98 tons) and China (80 tons).

Kazakhstan purchased 7 tons of gold in August, Turkey - 3 tons, and the Czech Republic - 2 tons. At the same time, the Bank of Russia and the Central Bank of Jordan reduced their reserves in August by 6 and 3 tons, respectively.

What it means

According to WGC estimates, as of the end of August, Uzbekistan's gold reserves reached around 439 tons, which is approximately 90% of the republic's total international reserves.

Published 12 October 2026, 17:32 · No updates · Russian original

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