Jewelry Makers in Kyrgyzstan Will Be Able to Buy Precious Metals on Installment Plans

Наталья Маркова Politics
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Adylbek Kasymaliev, the Chairman of the Cabinet of Ministers, has signed a new decree regarding the procedure for the sale of precious metals to local jewelry manufacturers.

According to this document, the price at which jewelry companies will be able to purchase materials will depend on the international fixing of the London Bullion Market Association (LBMA), but with a 2% discount applied.

This decision is part of the implementation of the Law "On Precious Metals and Precious Stones," as well as the presidential decree on measures to support certain sectors of the economy, signed on December 5, 2025.

Furthermore, the new procedure allows jewelers to pay for the purchase of precious metals in installments for up to 180 days.

Gold purchased at a preferential price cannot be resold and must be used exclusively for domestic production. The new regulations also streamline the functioning of the secondary market: pawnshops and buying points will be granted the right to officially sell jewelry, precious stones, and scrap to the state.

This initiative will enable government agencies to accumulate the necessary volumes of raw materials for further distribution among local enterprises. The authorized state body regulating the precious metals market will oversee the implementation process.
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