Uzbekistan becomes the largest seller of gold in February

Askar Yakubov · 15:06, 03.04.2024 · Updated 17:55 · 982 views

Tashkent, Uzbekistan (UzDaily.uz) -- Uzbekistan became the largest seller of gold in February 2024, according to the World Gold Council.

There were only two major sellers during the month, according to the council. The Central Bank of Uzbekistan reduced its gold holdings by 12 tons during the month, and the Central Bank of Jordan by 4 tons.

In February, central banks bought 19 tons of gold, down 58% from the previous month. The largest buyers were the central banks of China (12 tons), Kazakhstan (6 tons), India (6 tons) and Turkey (4 tons).

According to the Statistics Agency of Uzbekistan, in February 2024, Uzbekistan exported gold worth almost US$1.32 billion.

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.