SOFAZ halts gold sales

Kanan Sadigov
Author

In the second quarter of 2026, the State Oil Fund of Azerbaijan (SOFAZ) did not sell any gold, maintaining reserves at 178.1 tons, Report informs, citing the fund.

However, as of July 1, 2026, gold accounted for 31.4% of SOFAZ's investment portfolio, marking a 4.2 percentage point decrease compared to April 1.

Other News

Dollar share in SOFAZ's investment portfolio approaches 70% 23 July, 2026 / 15:10
Azerbaijan's strategic currency reserves exceed $85.7B 23 July, 2026 / 14:27
CBA currency exchange rates (23.07.2026) 23 July, 2026 / 10:01
Key indicators of world commodity, stock, and currency markets (23.07.2026) 23 July, 2026 / 09:30
Kazakhstan uses digital mining to replenish its National Cryptocurrency Reserve 22 July, 2026 / 16:07
Gold, silver prices hit highest levels since July 14 22 July, 2026 / 12:10
Azerbaijan's State Social Protection Fund expenditures rise over 10% 22 July, 2026 / 10:33
CBA currency exchange rates (22.07.2026) 22 July, 2026 / 09:11
Key indicators of world commodity, stock, and currency markets (22.07.2026) 22 July, 2026 / 08:59
CBA currency exchange rates (21.07.2026) 21 July, 2026 / 09:45
Key indicators of world commodity, stock, and currency markets (21.07.2026) 21 July, 2026 / 09:16
Baku Stock Exchange signs listing agreement with Kazakhstan's JET Group 20 July, 2026 / 15:22
Azerbaijan's CBA, UK Chartered Insurance Institute move toward strategic partnership 20 July, 2026 / 12:39
CBA currency exchange rates (20.07.2026) 20 July, 2026 / 09:16
Ranking of banks in Azerbaijan by profit tax paid (January-June 2026) 18 July, 2026 / 17:17
Ranking of banks in Azerbaijan by interest income (January-June 2026 18 July, 2026 / 15:46
Ranking of banks in Azerbaijan by deposit portfolio size (01.07.2026) 18 July, 2026 / 15:17
Key indicators of world commodity, stock, and currency markets (18.07.2026) 18 July, 2026 / 09:39
Gold prices grow to $4,000 17 July, 2026 / 20:05
Azerbaijan, UnionPay discuss expansion of QR code payments 17 July, 2026 / 17:20