The World Gold Council notes that Tajikistan’s gold reserves have increased six times or by 13 tons over the past eight years.
As of February 1, 2018, Tajikistan’s gold reserves reportedly amount to 15.6 tons.
As of January 1, 2010, Tajikistan’s gold reserves amounted to 26 tons, and as of January 1, 2000, Tajikistan’s gold reserves amounted to only 200 kilograms.
Currently, gold reserves reportedly account for 49.2 percent of Tajikistan’s gold and currency reserves. The World Gold Council ranks Tajikistan 63rd globally in terms of gold reserves.
The World Gold Council is the market development organization for the gold industry. It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold. The Council frequently publishes research that demonstrates gold’s strength as a preserver of wealth – both for investors and countries. It also provides analysis of the industry, offering insights into the drivers of gold demand.
The World Gold Council is an association whose members comprise the world’s leading gold mining companies. It helps to support its members to mine in a responsible way and developed the Conflict Free Gold Standard.
Headquartered in London United Kingdom, the World Gold Council has offices in India, China, Singapore, Japan and the United States.
Recall, Jamshed Nourmahmadzoda, the head of the National Bank of Tajikistan (NBT), told reporters in Dushanbe on February 9 that Tajikistan last year bought more than three tons of gold,.
According to him, the country’s international reserves are now equivalent to 5.6 months of import cover, while “under international standards the minimum acceptable level of international reserves should be able to cover 3 months of projected imports.”
At the beginning of last year, Tajikistan’s international reserves reportedly covered 2.6 months of imports.
