In early 2025, an ounce of gold rose to $4,400, setting a new historical record. The price has now stabilized around $3,900–$4,000.
In the Uzbek market, however, the price of gold bars has decreased over the last month, but the population's interest in buying gold as an investment remains high.
According to the Central Bank's forecast, the price of gold will continue to rise until 2026, and a decline may begin from 2027.
At the same time, against the backdrop of global uncertainties—geopolitical tensions and a weakening dollar—gold is not unlikely to set new records.
