Uzbekistan, April 9 -- Uzbekistan became the world's largest gold seller in February, the World Gold Council reports. The Central Bank of Uzbekistan made a net sale of 12 tonnes of gold. Kazakhstan ranked second, selling 8 tonnes of the precious metal.

Back in January, Uzbekistan had emerged as the world's top gold buyer, purchasing 8 tonnes - ahead of China and Kazakhstan. At that time, major gold sellers included the central banks of Russia and Jordan, and Kyrgyzstan.

According to the National Statistics Committee, after taking a pause in January, Uzbekistan sold $1.73 billion worth of gold in February - a 31.3% increase compared to the same period in 2024. Moreover, the Central Bank's foreign exchange and gold reserves have hit recor...