Baku 30° C
SOFAZ's gold reserves reach 200 tons
Finance
- 27 January, 2026
- 11:04
In 2025, the State Oil Fund of Azerbaijan (SOFAZ) purchased 53.4 tons of gold, increasing its reserves to 200 tons, Report informs, referring to the fund.
As of January 1, 2026, gold accounted for 38.2% of SOFAZ's investment portfolio, which is 17.6 percentage points higher compared to a year earlier.
This growth was driven not only by new purchases but also by the rise in gold prices.
Author
Latest News
20:10
Azerbaijani Defense Ministry presents weekly summary of events
Military18:12
IRGC says it will defend Strait of Hormuz until Iran's terms accepted
Region17:51
Damascus, Moscow agree on reorganization of Russian bases in Syria
Other countries17:33
Russian strikes cause partial blackout in Ukraine's Odesa region
Other countries17:18
Rebeca Grynspan emerges as leading candidate for UN chief
Other countries17:11
Netanyahu rejects parts of Gaza peace plan
Other countries16:50
Rosatom begins returning Russian specialists to Iran's Bushehr NPP
Region16:30
Apple tests Chinese memory chips for iPhone, MacBook lines
Other countries16:05