The National Bank of Kyrgyzstan notes that such interest in gold may have both speculative and investment purposes.
According to representatives of the NB KR, "in the context of a sharp rise in prices for gold bullion, citizens are forming expectations for short-term operations. However, gold is traditionally viewed as an asset for long-term investments, and many economic agents use it to diversify risks and preserve their purchasing power."
Furthermore, the National Bank explains that the current decline in prices for gold bullion is due to decreasing values in international markets, which occurred after a significant rise in January 2026, when prices increased by more than 20% in a month. As a result, the global price of gold is a key factor influencing the cost of gold bars in the country.
