SOFAZ purchased nearly 4 tons of gold in 3Q2025
Finance
- 23 October, 2025
- 11:28
In the third quarter of 2025, the State Oil Fund of Azerbaijan (SOFAZ) purchased 3.7 tons of gold, increasing its total gold reserves to 184.8 tons, Report informs, referring to the fund.
As of October 1, gold accounted for 32.8% of SOFAZ's investment portfolio, representing 4 percentage points higher than on July 1.
This increase was driven not only by new gold purchases but also by a rise in gold prices.
Latest News
16:19
Photo
International travelers observe humanitarian demining operations in Azerbaijan's Fuzuli
Karabakh16:01
Photo
SOCAR and Norway's ABB discuss energy transition and digital innovation
Energy15:59
Ukraine, Russia exchange bodies of fallen soldiers
Other countries15:50
Regular flights to Azerbaijan's Lachin may begin in 2026
Infrastructure15:49
Yunus Abdulov: Azerbaijan ready to introduce Islamic banking
Finance15:42
Subsidies for Baku Metro may increase by nearly 45%
Finance15:25
Azerbaijan to allocate 5B manats for education spending in 2026
Education and science15:24
Doug Casey: Students at Karabakh University brimming with enthusiasm
Karabakh15:17