Kazakhstan ranks seventh in expanding gold reserves, boosting holdings by 151 tons from 2013 to 2023.
Kazakhstan ranks seventh among countries that have been actively increasing their gold reserves. Over the past decade, the nation added 151 tons of gold to its reserves.
Leading the way is Russia, which significantly expanded its reserves by 1,298 tons, followed by China with an increase of 1,181 tons and Türkiye, which added 424 tons.
Poland follows in fourth place with 256 tons, while India and Uzbekistan boosted their reserves by 246 and 154 tons, respectively. After Kazakhstan, Singapore added 103 tons, Iraq 100 tons, and Thailand 92 tons.
In Kazakhstan, gold prices have surged this year, rising by 31%, according to the National Bank. The price per gram reached 39,889 tenge (about US$81.76) as of September 20, up from 30,323 tenge (approximately US$62.16) at the start of the year. Additionally, December futures have shown positive growth, increasing by 0.35% to $2,623 per ounce.
The World Gold Council's 2024 Central Bank Gold Reserves Survey indicates that the ongoing geopolitical tensions and challenging financial climate are driving demand for gold. In 2023, central banks around the world collectively added 1,037 tons of gold, marking the second-highest annual acquisition in history after a record 1,082 tons in 2022.
Central banks continue to favor gold as a reserve asset, with the survey—conducted from February 19 to April 30 among 70 participants—revealing that 29% of central banks plan to increase their gold reserves within the next year. This is the highest intention recorded since the survey's inception in 2018.
The motivations behind these planned purchases include a desire to adjust to a more favorable strategic level of gold holdings, domestic gold production, and concerns over financial markets, such as rising crisis risks and inflation.
Kazakhstan and Russia are set to launch 27 new joint projects worth $8 billion, signalling a notable expansion in bilateral economic cooperation.
Italian Prime Minister Giorgia Meloni is set to make an official visit to Kazakhstan from April 26 to 27, at the invitation of President Kassym-Jomart Tokayev.
Kazakhstan and Azerbaijan are set to conduct joint naval exercises, "Caspian Breeze – 2025", in the Kazakh sector of the Caspian Sea near the port city of Aktau.
On April 11, Foreign Minister Sergey Lavrov will participate in the CIS Foreign Ministers Council and the 8th meeting of Russian and Central Asian foreign ministers—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Both events will be hosted in Almaty, Kazakhstan.
Kazakh President Kassym-Jomart Tokayev held a meeting to address the worsening global market situation amid the collapse of energy and commodity prices on global markets due to tariff conflicts, the presidential press service said.
A 15-year-old boy killed a fellow pupil and wounded three others in a stabbing attack at a high school in the western French city of Nantes on Thursday before he was overpowered by teachers, police said.
“The EU will stand with Moldova in every step of the way until the very membership,” - stated Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, Vice-President of the European Commission at her joint press-conference with the President of Moldova, Maia Sandu.
In a significant development for Afghanistan-Russia relations, Zamir Kabulov, Special Envoy of the Russian President, held high-level talks with Taliban officials in Kabul, signaling a further warming of ties between the two nations.
Russia and Türkiye will hold consultations on the Middle East, including Syria and Palestine, on 25th April in Istanbul, according to a Turkish Foreign Ministry source speaking to TASS.
UK Prime Minister Keir Starmer is nearing a defence deal with the EU to reset post-Brexit ties, even as his government courts a U.S. trade deal. Talks will culminate at a May summit, aiming to boost cooperation in defence, energy, and youth mobility.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
In a significant development for Afghanistan-Russia relations, Zamir Kabulov, Special Envoy of the Russian President, held high-level talks with Taliban officials in Kabul, signaling a further warming of ties between the two nations.
Russia and Türkiye will hold consultations on the Middle East, including Syria and Palestine, on 25th April in Istanbul, according to a Turkish Foreign Ministry source speaking to TASS.
The heads of intelligence agencies from Central Asian countries held their first-ever meeting in Tashkent, the capital of Uzbekistan.
A 30-nation NomadMania delegation began a three-day tour of Azerbaijan’s Karabakh and East Zangezur on Thursday to survey post-war reconstruction and promote the region as a dark-tourism destination.
A 15-year-old boy killed a fellow pupil and wounded three others in a stabbing attack at a high school in the western French city of Nantes on Thursday before he was overpowered by teachers, police said.
“The EU will stand with Moldova in every step of the way until the very membership,” - stated Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, Vice-President of the European Commission at her joint press-conference with the President of Moldova, Maia Sandu.
In a significant development for Afghanistan-Russia relations, Zamir Kabulov, Special Envoy of the Russian President, held high-level talks with Taliban officials in Kabul, signaling a further warming of ties between the two nations.
Russia and Türkiye will hold consultations on the Middle East, including Syria and Palestine, on 25th April in Istanbul, according to a Turkish Foreign Ministry source speaking to TASS.
UK Prime Minister Keir Starmer is nearing a defence deal with the EU to reset post-Brexit ties, even as his government courts a U.S. trade deal. Talks will culminate at a May summit, aiming to boost cooperation in defence, energy, and youth mobility.
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