Uzbekistan’s gold exports are back on the move—April alone saw a crazy surge of $1.5 billion. The central bank that was previously going all-in and hoarding like mad is now back to selling again. This whole move is even more “wild” than DeFi mining.

GLDX0.88%
View Original
MeNews
Uzbekistan resumes gold exports
Uzbekistan fully resumed gold exports in April after a suspension in the past six months.
Gold exports excluding monetary gold in the first four months totaled about $1.5 billion, mainly concentrated in April, with an annual production of approximately 130 tons.
Since the export suspension in September last year, the central bank has become one of the world's largest buyers.
As another major producer, Russia is also accelerating its gold sales.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned