The average export price of Kyrgyz gold has risen sharply in 2025 — from $75 to $107 per gram, Akchabar.kg reports.
Between January and September 2025, Kyrgyzstan exported 5.7 million grams of gold worth $615.5 million. The average price reached $107.5 per gram, marking a 43% increase compared to the same period in 2024. Key buyers paid the following prices:
- Switzerland — $109.21/g
- Malaysia — $107.24/g
- United Kingdom — $104.22/g
- Turkey — $98.28/g
By contrast, in 2024 the highest price came from the United Kingdom at $77.33 per gram, followed by:
- China — $70.01/g
- Switzerland — $65.40/g
- UAE — $65.10/g
How Kyrgyzstan Compares to Uzbekistan and Kazakhstan:
Uzbekistan
- In 2025, the average export price of Uzbek gold ranged between $60–70 per gram, based on major shipments to Switzerland and India.
- In 2024, prices averaged $55–62 per gram.
Kyrgyzstan is selling gold at nearly 1.6 times the price of Uzbekistan in 2025.
Kazakhstan
- In 2025, Kazakhstan’s gold exports averaged $68–75 per gram, depending on the destination (Switzerland, UK, UAE).
- In 2024, the range was $62–70 per gram.
Kyrgyzstan’s average price exceeds that of Kazakhstan by 40–50%.
In 2025, Kyrgyzstan emerged as a regional leader in gold export value. While Uzbekistan and Kazakhstan sell gold in the $60–75 per gram range, Kyrgyzstan is receiving over $107 per gram.
This price gap may stem from:
- specific features of export contracts
- a higher share of refined or processed gold
- premium export channels (particularly Switzerland and Malaysia)
- limited domestic supply, pushing prices upward
In 2024, Kyrgyzstan exported roughly 16 tonnes of gold, while Uzbekistan and Kazakhstan produced and exported significantly larger volumes — a factor that likely contributes to their comparatively lower prices.
CentralasianLIGHT.org
November 19, 2025