Owners of gold ounces became almost 11,000 KGS richer over the New Year holidays

While Kyrgyzstanis were enjoying their New Year holidays — officially from January 1 to 12 — their gold savings grew significantly. On the first working day of the new year, the National Bank updated its quotations for standard bars, and the figures showed that during the holidays, gold brought its owners a tangible “quiet” profit.

The main benchmark is a bar weighing 31.1035 grams (one troy ounce). At the end of last year, on December 31, 2025, the National Bank sold such bars for 390,142.5 KGS, but by January 12 of this year, the price had risen to 401,022.5 KGS. Thus, in just twelve days, while the country was on holiday, the cost of an ounce increased by 10,880 KGS, or almost 3%.

The buyback price rose just as significantly, from 384,377 to 395,096.5 KGS. This means that even without fixing their profits on paper, gold bar owners actually became more than 10,700 KGS richer for each ounce.

The increase affected all denominations. Gram bars, 10-gram bars, and 100-gram bars all rose in price:

• 1 gram bars — from 13,708 KGS to 14,066 KGS;
• 10-gram bars — from 124,951.5 to 127,477.5 KGS;
• 100-gram bars — from 1,268,262 to 1,308,224 KGS.

In fact, on the first working day of 2026, the National Bank recorded what had been happening on the world markets all this time, namely that gold continued to rise in price while Kyrgyzstan's financial life was on hold.

As a result, those who kept their savings in gold bars at the National Bank of the Kyrgyz Republic came out of the holidays with an unexpected bonus — their assets had grown.