Kyrgyzstan establishes gold supplies to the UAE

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For five months of 2023, the supply of Kyrgyz gold abroad amounted to 1.7 tons. Due to which the country received $109.2 million, reports Akchabar.kg.

Over the month, from the end of April to the end of May, the volume of gold exports increased by 334 thousand 933.8 grams, or by 10 thousand 768 ounces. The entire batch went to the United Arab Emirates.

Deliveries of the precious metal to the UAE brought Kyrgyzstan $21.3 million. Based on the statistics, it can be concluded that Kyrgyzstan sold gold to the United Arab Emirates at $1,975 per ounce.

We add that last year at the same time there was no export of gold to the UAE.

CentralasianLIGHT.org

July 13, 2023