The surging gold price is boosting Central Asia’s economies
T ian Shan—the name for the mountains that cross Kazakhstan, Uzbekistan and Kyrgyzstan—roughly translates as “Mountains of Heaven”. It is fitting for a range that is dotted with gold mines, including Kumtor, one of Central Asia’s largest and a symbol of Kyrgyz national pride. Moreover, it is not just the mountains of Central Asia that hold big reserves. Hundreds of kilometres to the west, in Uzbekistan’s Kyzylkum Desert, sits Muruntau, the world’s largest open-pit gold mine.
What clergymen can learn from economists
Wall Street still needs more to coax it back. But non-American firms may be ready to return
The country’s struggling economy provides a push
As “liberation day” nears, American businesses suffer
Even if America lifts sanctions, the old continent has its own weapons
When demand softens, the secondary market absorbs the pain
https://www.economist.com/finance-and-economics/2025/03/27/the-surging-gold-price-is-boosting-central-asias-economies
Comments (0)