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Uzbekistan resumes gold exports

MeNews
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Abstract generation in progress
ME News Report, May 26 (UTC+8), as one of the world's largest gold producers, Uzbekistan resumed full gold exports in April after a pause lasting nearly half a year. According to the country's National Statistics Committee on Tuesday, in the first four months of this year, Uzbekistan exported approximately $1.5 billion worth of non-monetary gold; data shows that most of the exports were completed in April. Uzbekistan's annual gold production is about 130 tons. Since September last year, the country has effectively halted gold exports, while at the same time, its central bank has become one of the world's largest buyers of this precious metal. As another major global gold producer, Russia has recently accelerated its gold sales. (Source: PANews)
GLDX-1.01%
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YieldNotYell
· 4h ago
The timing of this pause and resume aligns with the fluctuations in gold prices.
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0xLateAgain
· 5h ago
Both Central Asian giants are moving, and the gold geopolitical landscape is subtle.
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QuantumLittleTomato
· 5h ago
One of the world's largest buyers has turned into a seller; the market needs to readjust its pricing.
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DaoAfterparty
· 5h ago
Since September last year until now, the inventory has accumulated quite a bit, right?
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HodlBystander
· 5h ago
Non-monetary gold exports, this classification is quite interesting
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CalmWarehouseUnderTheAurora
· 5h ago
Suddenly increasing volume after six months of pause, significant price pressure.
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NightFlightPaperCrane
· 5h ago
Russia is also accelerating sales; global gold liquidity is about to change.
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OneUnfilledOrder
· 5h ago
Annual production of 130 tons, this scale is indeed top in Central Asia
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NightAuditBuddy
· 5h ago
The central bank was buying aggressively before and now is releasing supplies, playing it quite smoothly.
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PuddingMarketMaker
· 5h ago
Uzbekistan’s wave of restarting gold exports: in April alone, it directly hits 1.5 billion—capacity ramped up to the max.
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