diff --git a/bucket/rust.json b/bucket/rust.json
index fe00e0114b..a16738d3e6 100644
--- a/bucket/rust.json
+++ b/bucket/rust.json
@@ -1,16 +1,16 @@
 {
     "homepage": "https://www.rust-lang.org",
     "description": "A language empowering everyone to build reliable and efficient software. (GNU toolchain)",
-    "version": "1.37.0",
+    "version": "1.38.0",
     "license": "MIT|Apache-2.0",
     "architecture": {
         "64bit": {
-            "url": "https://static.rust-lang.org/dist/rust-1.37.0-x86_64-pc-windows-gnu.msi",
-            "hash": "21cbc27e3b8c4f8cab5e5c9ac6c4d373d8ac93276eb80ec2a1edeb1e3187e6ee"
+            "url": "https://static.rust-lang.org/dist/rust-1.38.0-x86_64-pc-windows-gnu.msi",
+            "hash": "65b52ad5650ed3a0217e3903187b1cc03b988874b75a15742c1e430a38ab9a75"
         },
         "32bit": {
-            "url": "https://static.rust-lang.org/dist/rust-1.37.0-i686-pc-windows-gnu.msi",
-            "hash": "52a113a1c2efa76c6168437d54ef4cbe734ce26b82ab0e71c16f82b344bef8a2"
+            "url": "https://static.rust-lang.org/dist/rust-1.38.0-i686-pc-windows-gnu.msi",
+            "hash": "71478c75a261a42ef498073c095fd8c601804f47c17e817ce29d0d2fede98ae1"
         }
     },
     "extract_dir": "Rust",