Gold continues to strengthen its status as a safe haven for private investors in Kazakhstan. Since the beginning of the program, the population has already purchased 263,479 measuring bars with a total weight of 9 tons – an impressive indicator of confidence in investment gold. In 2025 alone, the National Bank of the Republic of Kazakhstan sold 27,807 measuring bars with a total weight of 889.5 kg to second-tier banks and individual non-bank exchange offices. These figures confirm that in the context of global volatility, Kazakhstanis rely on tangible value and long-term financial stability.

By the end of 2025, the National Bank of the Republic of Kazakhstan sold 27,807 measuring bars with a total weight of 889.5 kg to second-tier banks (hereinafter referred to as STBs) and individual non-bank exchange offices. The largest sales volumes of measuring bars in 2025 occurred in the following regions: Almaty (20,526 units, 74%), Astana (1,650 units, 6%), and Shymkent (1,099 units, 4%).

The purchase and sale of measuring bars for the public is available through Halyk Bank, Eurasian Bank, Alatau City Bank, and CenterCredit Bank, as well as at selected non-bank exchange offices (see Figure). Thus, in 2025, second-tier banks and individual non-bank exchange offices sold 40,799 gold bars with a total weight of 1.1 tons to the public, taking into account the repurchase. The total number of sales since the beginning of the program is 263,479 gold bars with a total weight of 9 tons.

The most popular among the population is an ingot weighing 10 grams. Its share of total sales is 26% – 67,833 units. This is followed by 5-gram – 57,847 units (22%), 100-gram – 53,289 units (20%), 20-gram – 49,154 units (19%), and 50-gram – 35,356 units (13%). Gold bars can act as a reliable investment tool. The main factor in ensuring the liquidity of the gold bullion market is the possibility of repurchase of bullion by banks and non–bank exchange offices with the payment of money to the client on a day-to-day basis.

Each ingot is produced with protective elements (mirrored surface of the ingots, microtext and embossed edge) and in a special package that protects against mechanical damage and makes it easy to check whether the package has been opened or not. Protective packaging is also a quality certificate. In this regard, it is recommended to store the ingot carefully and not open the package.

The dynamics of 2025 demonstrates a steady trend

Gold is becoming not just a savings tool, but part of the long-term financial strategy of Kazakhstanis. The possibility of day-to-day repurchase, government quality assurance and a high level of bullion protection build confidence in the market.

Investing in gold is a choice in favor of stability, liquidity, and time–tested material value. And the figures confirm that interest in this asset in Kazakhstan continues to grow.