Russia Boosts Kazakh Gold Imports
Photo: Elements.envato.com, ill purposes
Moscow purchased $195 million worth of Kazakh gold, 1.6 times more than a year earlier, Orda.kz reports.
From January to September 2025, Russia sharply increased its gold purchases from Kazakhstan, according to the Bureau of National Statistics. Import value reached $195.6 million, up 61.5% year-on-year, while the physical volume grew by 17.2%.
Russia became the second-largest importer of Kazakh gold, following Kyrgyzstan, which bought 2.3 tons worth $201.3 million.
In 2025, Kazakhstan supplied gold exclusively to CIS countries.
Silver exports to Russia, however, declined. In the first nine months, Kazakhstan shipped 2.2 tons worth $1.03 million, compared to $1.41 million a year earlier — a drop of nearly 27%. This is below Kazakhstan’s total silver export volume, most of which goes to the UK and the US, accounting for 78% of the market (46% and 32%, respectively).
According to the World Gold Council, Kazakhstan produced 87 tons of processed gold in 2024 — 1.3% less than in 2023 — dropping to 14th place globally, behind Mexico, Indonesia, and Uzbekistan.
Original Author: Ruslan Loginov
Latest news
- Kazakhstan to Train White Hat Hackers and AI Engineers to Protect Energy Infrastructure
- Middle East Conflict Puts Kazakhstan-Iran Joint Projects on Hold
- Kazakhstanis’ Spending on Pet Treatment Has Nearly Tripled
- Kazakhstan and the UK to Develop Rare Earth Metals Cooperation
- Moldova Sets Date for Formal Exit From the CIS
- Kazakhstan Ratifies Amendments to Legal Assistance Conventions
- South Korea to Import Oil From Kazakhstan, but Saudi Arabia Remains the Main Supplier
- Kazakhstan Remains Vulnerable to Mudflows, Deputy Says
- Russia and Azerbaijan Agree on Compensation After AZAL Crash Near Aktau
- U.S.-Kazakhstan Talks in Washington Focus on Economy and Regional Issues
- Kazakhstan Khalkyna Foundation Expands Support for Healthcare, Education and Sports
- Former Massimov Son-in-Law Loses Terminal at Dostyk Station
- Bathing in the Pond and Damaging Trees: Almaty Botanical Garden Tightens Rules After Vandalism
- Kazakhstan Announces Launch of New Political Party Adilet Ahead of Kurultai Elections
- Government Decides Fate of Hundreds of Thousands of Hectares of Former Semipalatinsk Test Site
- Deputies Want Firefighters Given Power to Break Through Barriers and Blocking Cars
- Kazakhstan to Create National Rating Agency
- Less Than 1% of Employees in Kazakhstan Work Remotely
- Air Astana and FlyArystan Fined for Submitting Inaccurate Aviation Fuel Data
- Chinese Tourist Arrivals in Kazakhstan Rose Sharply in 2025, Analysts Say
