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 is taking concrete steps toward the development of its first nuclear power plant, with the country now in the pre-project phase, according to Rinat Okasov, Deputy Director General of Kazakhstan Nuclear Power Plants LLP (KAEŞ).
The Tazhen border checkpoint on the Kazakhstan–Uzbekistan border will remain closed for an additional four months, until September 1, 2025, according to Kazakhstan’s State Revenue Committee (KDG) of the Ministry of Finance.
Kazakhstan’s state-owned uranium giant Kazatomprom is negotiating a ten-year uranium supply contract with Romania, in a move to strengthen bilateral energy ties and deepen cooperation in nuclear and high-tech sectors.
Kazakhstan and Azerbaijan are considering issuing a commemorative coin to celebrate their bilateral relations, as part of broader efforts to deepen financial and diplomatic cooperation between the two countries.
Kazakhstan and Afghanistan reaffirmed cooperation during a phone call between their foreign ministers, highlighting the strategic importance of the Trans-Afghan Railway in boosting regional trade and connectivity.
U.S. President Donald Trump said Russia and Ukraine will “immediately” begin negotiations to reach a ceasefire and end the war.
Rescuers in Indonesia have had to stop searching for 14 gold miners missing after a landslide killed six people at a remote mine in Papua province.
On May 19, 2025, the U.S. Defense Innovation Unit (DIU) and the UAE’s Tawazun Council signed a deal to strengthen defense cooperation and develop new technologies.
India’s space agency, ISRO, has reported a failure in launching its EOS-9 surveillance satellite into the planned orbit after a technical problem during the rocket’s flight.
President Donald Trump said the war in Ukraine should have remained a European matter and that the United States should not have gotten involved.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
Armenia has proposed elevating its cooperation with Cyprus to the level of a strategic partnership, a move positively received by Cypriot officials.
Iran hosted the Tehran Dialogue Forum on May 18–19 with 200 delegates from 53 countries, showcasing its soft power through diplomacy while also highlighting military strength—an approach echoing the "smart power" concept of balancing dialogue and deterrence.
Negotiations between Azerbaijan and Armenia could soon advance to a new level, with discussions possibly involving the heads of state, according to Armenian Parliament Speaker Alen Simonyan.
Azerbaijani presidential climate envoy Mukhtar Babayev is set to participate in the Astana International Forum 2025, focusing on global challenges and future cooperation.
Uzbekistan’s Foreign Minister Bakhtiyor Saidov met with UK Foreign Secretary David Lammy in London to discuss strengthening bilateral relations, covering trade, investment, culture, and global challenges. Both sides signed a Cooperation Program for 2025-2026 to deepen their partnership.
U.S. President Donald Trump said Russia and Ukraine will “immediately” begin negotiations to reach a ceasefire and end the war.
Rescuers in Indonesia have had to stop searching for 14 gold miners missing after a landslide killed six people at a remote mine in Papua province.
On May 19, 2025, the U.S. Defense Innovation Unit (DIU) and the UAE’s Tawazun Council signed a deal to strengthen defense cooperation and develop new technologies.
India’s space agency, ISRO, has reported a failure in launching its EOS-9 surveillance satellite into the planned orbit after a technical problem during the rocket’s flight.
President Donald Trump said the war in Ukraine should have remained a European matter and that the United States should not have gotten involved.
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