The Central Bank of Uzbekistan updated prices for the sale and repurchase of measured gold bars on March 3. Quotations may be adjusted throughout the day. The regulator noted that prices could change depending on the global gold market situation.

According to the Central Bank, a 5-gram bar is sold for 10,864,000 soums, a 10-gram bar for 21,728,000 soums, and a 20-gram bar for 43,456,000 soums. Bars weighing 50 and 100 grams are sold for 108,640,000 and 217,281,000 soums, respectively.

Repurchase prices are lower. With intact packaging, a 5-gram bar is accepted for 10,442,000 soums, a 10-gram bar for 20,884,000 soums, a 20-gram bar for 41,769,000 soums, a 50-gram bar for 104,421,000 soums, and a 100-gram bar for 208,843,000 soums. With damaged packaging, repurchase is at a reduced price after technical examination.

According to Spot.uz, gold in Uzbekistan has increased in price by 78 percent over the past year. On January 26, the price of a 5-gram bar exceeded 10 million soums for the first time. However, in early February, the price fell below this mark and did not rise above 10.4 million soums until the beginning of last week.

Global market situation: According to CBS News, gold has more than doubled in price over the past 12 months. A year ago, the metal traded at approximately $2,624 per ounce. Throughout 2025, dozens of new historical highs were recorded. By January 2026, the price exceeded $5,000 per ounce for the first time, after which a record of $5,589.38 was set. In early March, gold remains above $5,400. Factors supporting the rise persist.

CBS News also reports that in 2025, central banks continued to increase gold reserves. The weakening US dollar, expectations of rate cuts by the Federal Reserve, and geopolitical tensions have enhanced gold's appeal as a safe-haven asset.

Source: kun.uz