TASHKENT, Uzbekistan, April 11. Uzbekistan's Navoi Mining and Metallurgical Company (NMMC) reported a record-breaking gold production value of 27.8 trillion soums ($2.1 billion) in the first quarter of 2025.
The data obtained by Trend from the NMMC shows that this figure marks a 100.7 percent year-on-year increase.
Gold output reached 753,500 ounces in the first quarter of 2025, slightly up over the year.
Meanwhile, the nation's treasure chest is brimming with gold, stacking up to a whopping $36.8 billion in reserves as of April 2025. This figure has increased by 5.7 percent compared to $34.8 billion as of March 2025.
Uzbekistan ranks 16th globally in gold reserves as of January 2025, holding a total of 390.7 tons.
This implies an increase of 8.1 tons compared to the previous month. Gold accounts for 81.8 percent of Uzbekistan's total portfolio of foreign reserves.