Uzbekistan becomes world leader in gold sales in January-March 2019

BUSINESS 10:30 / 06.05.2019 843

In the first quarter of 2019, the Central Bank of Uzbekistan sold 6.2 tons of gold and became the world leader in gold sales. The World Gold Council Report states about it.

In January-March of this year, the second place in gold sales was taken by Mongolia with 3.4 tons of gold and Tajikistan concluded the TOP-3 list, which sold 1 ton of gold.

Earlier, in the first quarter of 2019, it was reported that national banks of the world bought a record amount of gold over the past 6 years – 145.5 tons. That is 68% more than in the same period of 2018.

Reportedly, Russia has been the leader in gold purchase - 55.3 tons, bringing its gold reserves to 2168.3 tons. Also, Turkey (40.1 tons), China (33 tons), Kazakhstan (11.2 tons), Ecuador (10.6 tons), Qatar (9.4 tons), India (8.4 tons) and Colombia (6.1 tons) actively purchased gold.

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