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
17:41
Photo
Azerbaijan House and weekend Azerbaijani school open in Germany city of Stuttgart
Diaspora17:25
At least 5,000 killed in Iranian unrest
Other countries17:03
Hong Kong steps up bid to become global gold trading hub
Other countries16:41
EU may influence Trump on Greenland by threatening to remove US bases
Other countries16:13
Syrian army enters Tabqa, where Euphrates hydroelectric power station located
Other countries15:46
Jordan says King Abdullah received invitation to join Gaza peace board
Other countries15:06
Terrorists who infiltrated from Afghanistan eliminated in Tajikistan
Region14:42
Video
Azerbaijani Defense Ministry presents weekly summary of events
Military14:31