Uzbekistan has suspended its gold exports indefinitely, with no set date for resumption, as the country stockpiles its production amid soaring global gold prices. The National Statistics Committee reported that Uzbekistan, a major gold producer mining approximately 130 tons annually, did not export any non-monetary gold in January, continuing a halt that began last year. The Central Bank of Uzbekistan stated that export decisions are based on global market conditions and precious metal price trends, with no prediction on when exports might resume.
Uzbekistan Halts Gold Exports Amid Record Prices
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
