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    SOFAZ halts gold sales

    Finance
    • 23 July, 2026
    • 13:24
    SOFAZ halts gold sales

    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.

    State Oil Fund SOFAZ
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    Author

    Kanan  Sadigov
    Kanan Sadigov

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    • USD - 1.700 EUR - 1.976 TRY - 0.035 GEL - 0.651 RUB - 0.020 UAH - 0.038
    • clear Baku 21° C

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