Uzbekistan expects an increase in gold reserves in the country in 2020-2024 by 474 tons and uranium by 32,000 tons. In monetary terms, this is equivalent to $ 18.7 billion.

The company paid $100 million in cash for the deposit.

Azerbaijan's state oil fund SOFAZ has no plans to increase the volume of its gold reserves in 2016, regardless a rise in prices of the precious metal, source in the Fund told Trend.

Recent explorations have led to identification of new reserves of gold at Iran’s Zarshouran gold mine, Mohammad Reza Ahmadi, manager of Zarshouran Gold Complex, said.

The National Bank of Kazakhstan increased investments in gold in USD terms in May 2016. The volume of investments reached the level of $9.13 billion as compared to $7.79 billion in the same period of the last year, finprom.kz reports

Kazakhstan's gold and currency reserves including gross reserves of the National Bank and the National Fund's assets slightly decreased to $90.64 billion in January 2016, said the statement of the Kazakh National Bank Feb. 9.

Azerbaijan’s state oil fund SOFAZ has no plans to increase its gold reserves in 2016, a source in the Fund told Trend.

Kyrgyzstan's international reserves grew as compared to the beginning of the year to $1. 885 billion, according to the Kyrgyzstan National Bank.

Kyrgyzstan's gold and currency reserves dropped to $1.8 billion. It has sold $160 million worth of the metal this year, and bought $31 million over the past month, said Tolkunbek Abdygulov, chairman of the National Bank.