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Gold makes up 90% of Uzbekistan’s $66.58 billion foreign reserves. Explore how gold prices affect reserve values and whether this creates financial risks.
Uzbekistan's Central Bank purchased 8 tonnes of gold in August, matching Poland's monthly total and trailing only China, which bought 20 tonnes. The purchases brought Uzbekistan's gold acquisitions since the beginning of 2026 to nearly 50 tonnes, according to the World Gold Council (WGC).