Uzbekistan’s official gold and foreign exchange reserves rose to $70.9 billion as of May 1, 2026, the Central Bank said in a report.
International reserves climbed by $1.9 billion (+2.8%) in April. This rebound follows a significant contraction in March, when reserves plummeted by $8.1 billion, or 10.5%.
The primary driver behind this growth was the rising price of gold on the global market. The Central Bank estimated that the price increase from $4,553.95 to $4,625.80 per ounce (+1.6%) added $1 billion to the total value of the reserves. This follows a volatile period for gold valuations: reserves saw gains of $2.9 billion in December, $8.6 billion in January, and $1.4 billion in February, before a sharp $8.3 billion decline in March.
Despite the physical dip, the surging market price pushed the total value of the gold stock up by $743.6 million to $61.6 billion. Gold now accounts for approximately 86.9% of the nation's total reserves.
The foreign currency portion of the reserves also saw a boost, increasing by $1.15 billion to reach $8.7 billion. Meanwhile, the volume of securities grew slightly, totaling $1.55 billion.
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