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Kazakhstan's central bank plans to sell gold reserves to rebalance amid rising US Treasury yields.

Market News
13 Oct 2026
Kitco
View Source
Neutral
Kazakhstan's central bank plans to sell gold reserves to rebalance amid rising US Treasury yields.

Kazakhstan's central bank announced it will reduce its gold reserves, which currently make up about 78% of total reserves, by around 3% by the end of 2026. The move is driven by attractive US Treasury yields, making dollar assets more appealing than gold. The bank plans to sell physical gold and options to achieve this rebalancing, aiming to maintain liquidity and avoid an overly concentrated portfolio. Despite expecting gold prices to rise slightly, the bank prefers a cautious approach and will monitor market conditions closely.

Kazakhstan's gold reserve plans provide context for Pluang's market snapshot as of Oct 13, 2026 22:41 WIB: Among 150 US stocks, 59 rose and 90 fell. Pinterest Inc (PINS) gained 3.27% to USD 22.12 with 100% sell order activity, contrasting with Grab Holdings Ltd. (GRAB), which dropped 3.02% to USD 3.06 and saw 75% sell orders. Li Auto Inc (LI) rose 3.07% to USD 11.75, with a nearly balanced buy-sell split.

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