Central Bank of Uzbekistan becomes the main seller of gold in the world in January

Askar Yakubov · 13:08, 03.03.2023 · Updated 22:42 · 851 views

Tashkent, Uzbekistan (UzDaily.uz) -- The Central Bank of Uzbekistan became the main seller of gold in January, reducing reserves by 11.5 tons.

World central banks, according to preliminary data, in January 2023 purchased 30.8 tons of gold in gold and foreign exchange reserves. This was reported by Interfax with reference to data from the World Gold Council (WGC).

The largest buyer was Turkey, which increased stocks by 23.3 tons. China bought 14.9 tons, Kazakhstan - 3.9 tons. The European Central Bank reported an increase in gold reserves by 1.9 tons, but this is due to the fact that Croatia officially became a member of the euro area.

The main seller of gold among central banks in January was the Central Bank of Uzbekistan, which reduced its reserves by 11.5 tons.

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.