Uzbekistan’s gold and foreign exchange reserves reached $61.23 billion as of December 1, 2025, according to data from the Central Bank. This is the highest figure since statistics began in 2013.
In November, reserves grew by another $1.9 billion (+3.2%), and since the beginning of the year — by $20 billion (+48.7%).
The main factor behind the growth was again gold, which rose in price on world markets.
According to the Central Bank’s estimates, the price increase from $4,013.2 to $4,159.4 per ounce (+3.6%) added about $1.8 billion to reserves (in September — $4.6 billion, in October — $2.5 billion).
The physical volume of gold has been increasing for the second month in a row. In November, it grew by 310,000 troy ounces (9.64 tons) to 12.23 million ounces (380.4 tons).
The value of gold reserves increased by $3 billion amid rising prices and reached a historic high of $50.86 billion. Gold now accounts for about 83% of all reserves.
At the same time, the currency portion of reserves decreased by $1.1 billion to $9.8 billion.
The volume of securities increased by $503.3 million to $1.53 billion.
