The Central Bank of Uzbekistan purchased 8 tons of gold in August 2026, bringing its total acquisitions during the first eight months of the year to 50 tons, according to data from the World Gold Council. The purchases contributed to an increase in the country's gold reserves, which account for approximately 90% of Uzbekistan's international reserves.
According to the World Gold Council, Uzbekistan's official gold holdings stood at approximately 439 tons as of August. The increase in reserves comes amid a reduction in the country's gold exports, with the Central Bank continuing to accumulate the precious metal.
World Gold Council data shows that several central banks increased their gold holdings during August. China recorded the largest purchases during the month, acquiring 20 tons of gold. Since the beginning of 2026, China's official gold reserves have increased by 80 tons, reaching approximately 2,387 tons.
Poland's central bank purchased 8 tons of gold in August, matching Uzbekistan's monthly acquisitions. Poland's total purchases during January–August reached 98 tons. The National Bank of Kazakhstan acquired 7 tons of gold in August, bringing its purchases since the beginning of the year to 36 tons. Kazakhstan's total official gold holdings consequently reached 377 tons.
Uzbekistan's Central Bank purchased 50 tons during the same eight-month period, according to the World Gold Council.
Separate data on Uzbekistan's international reserves indicates that the physical volume of gold held by the Central Bank continued to increase in September. As of October 1, 2026, Uzbekistan held 14.3mn troy ounces of gold, equivalent to approximately 444.8 tons. At the beginning of January, the country's gold holdings stood at 12.6mn troy ounces, or approximately 391.9 tons.
Over the first nine months of 2026, Uzbekistan's gold reserves increased by approximately 52.3 tons. The October 1 figure is higher than the approximately 439 tons reported by the World Gold Council for August, reflecting the later reporting date.
