Gold purchases were made in February 2018 by Russia (bought 733 thousand ounces), Turkey (281 thousand ounces) and Kazakhstan (129 thousand ounces or 3.6 tons) to replenish gold and foreign exchange reserves, reports the International Monetary Fund (IMF).
Since 2018, Kazakhstan has replenished the gold and foreign exchange reserves by 193 thousand ounces (5.4 tons).
According to the IMF, since early 2018, Russia has purchased 1.341 million ounces of gold, Turkey - 842 thousand ounces, Kazakhstan - 193 thousand ounces. Also distinguished Argentina (bought 224 thousand ounces) and Ukraine (sold 40 thousand ounces).
According to open sources, in 2018 Kazakhstan ranks 18th in the world in terms of gold reserves.