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Uzbeks set a record in purchasing gold ingots

Uzbekistan
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Uzbekistanis set a record in purchasing gold bars
In 2025, the interest of individuals and investors in precious metals in Uzbekistan grew to an unprecedented level. This was reported by Zamin.uz.

According to official statistics, 33,939 gold bars were purchased by the population over the past year. This figure is 2.3 times higher than in 2024 and almost 6 times higher than in 2023.

Such a sharp increase indicates significant changes in our country's economy. In total, the volume of gold sold amounted to 661 kilograms.

For comparison, it should be noted that this result accounts for a significant portion of the total volume sold over the last five years. When analyzing the dynamics of purchases, the highest activity occurred in April and October.

Interestingly, despite the fact that global market prices for gold rose sharply during these very periods, our citizens preferred to direct their savings into this asset. Among investors, 5-gram bars were in particularly high demand, accounting for 31 percent of total sales.

10-gram bars also occupy a major part of the market. Financial analyses show that gold, as an investment tool, has provided much more effective results than bank deposits.

Specifically, while the growth in the value of gold reached 54.5 percent, deposits in national currency yielded around 19 percent, and deposits in foreign currency generated only about 4.8 percent. This difference shows that people's financial literacy is increasing and they are striving to keep their assets safe.

These record results mean that the population's confidence in economic stability is strengthening. Gold is finding its place not only as a safe haven but also as a source of long-term income.

This activity in 2025 will go down in history as a period of high demand and stable growth in the gold market. In the future, this approach by citizens to diversify their savings is expected to continue.

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