On April 3, the Kyrgyz Stock Exchange, Kyrgyzaltyn, and Central Depository CJSC signed an agreement enabling the purchase and sale of precious metals, particularly gold.
The initiative aims to provide equal access to exchange-based gold trading for all categories of investors. The exchange will ensure automated and transparent transactions, with prices formed in real time based on supply and demand.
Participants in the trading include commercial banks, jewelry and brokerage firms, and other entities registered with the Department of Precious Metals under the Ministry of Finance.
“Using exchange infrastructure automates processes and guarantees equal access to the asset for all categories of investors,” said Aida Chodulova, CEO of the Kyrgyz Stock Exchange. She added that gold will function as both a digital and physical asset, with transactions recorded in the exchange’s automated system.
Officials say the platform will allow investors to trade gold without the need for physical transportation, while also offering a tool for long-term capital preservation.
Gold remains Kyrgyzstan’s main export commodity. In 2025, the country exported 6.2 tons of gold worth $682.8 million, according to preliminary data cited by local media.
According to the Ministry of Economy, gold accounted for nearly 24% of total exports.
The country’s largest deposit, Kumtor, is located in the Issyk-Kul Region at an altitude of about 4,000 meters. It is one of the world’s largest gold deposits and was nationalized in 2021 after previously being owned by Centerra Gold.
The mine is operated by Kumtor Gold Company, which is fully owned by Kyrgyzaltyn. In 2025, the company produced 12,081 kg of gold, generated $1.434 billion in revenue, and reported net profit of more than $706 million, while paying $246.5 million in taxes and other payments.
