Kyrgyzstan Ranks Among Top Six Gold Buyers Worldwide

Kyrgyzstan has emerged as one of the world’s leading gold purchasers, securing a spot among the top six buyers globally.

Kyrgyzstan increased its gold reserves by 1.2 tons, according to the World Gold Council’s latest report for June 2025, highlighting a continued trend of gold accumulation by central banks around the world, The Caspian Post reports per Kyrgyz media.

Globally, central banks purchased a total of 22 tons of gold in June, marking the third consecutive month of net buying.

Among the top gold buyers were:

Uzbekistan - 9 tons

Kazakhstan - 7.4 tons

Turkey - 2.3 tons

China - 2.2 tons

Czech Republic - 1.6 tons

Kyrgyzstan - 1.2 tons

All other countries purchased less than one ton during the month.

For the first half of 2025, total gold purchases by central banks amounted to 123 tons, slightly down from 130 tons in the same period of 2024.

On the other end of the spectrum, Singapore’s central bank made the largest sale in early summer, reducing its holdings by 5.6 tons.

This increase marks a notable shift for Kyrgyzstan, which had been among the top three global gold sellers in the first quarter of the year, signaling a possible change in monetary policy or reserve strategy.