Gold price hits record high in Uzbekistan, surpassing 1.3 million UZS per gram

The prices for standard gold bars reached a historic high on Friday, March 28. This was reported by the Central Bank.

One gram of gold now costs 1,306,650 UZS, which is 0.99% more than the previous day. A 5-gram gold bar is offered at 6.533 million som.

Compared to the previous record set eight days ago, the current price has risen by 0.5%. In less than three months since the start of the year, the price of gold bars has increased by 15.4%, and in the last year, the growth has been nearly 43%.

Global gold prices continue to rise — a troy ounce is currently valued at $3,073 (equivalent to $98.82 per gram). Since the beginning of the year, the precious metal has become one of the most profitable assets amid the trade policy of U.S. President Donald Trump.

The demand for gold is supported by its purchase by central banks worldwide. Analysts do not rule out further price growth — up to $3,500 per troy ounce.