Baku 13° C
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.
Author
Latest News
12:08
Saudi Arabia intercepts ballistic missile, downs 15 drones
Other countries12:00
Ilham Aliyev expresses condolences to Irakli Kobakhidze on passing of Ilia II
Foreign policy11:56
Azerbaijan amends procedure for sale and repurchase of investment, jubilee, and commemorative coins
Finance11:48
Abbas Araghchi: Iran's nuclear doctrine unlikely to change under new supreme leader
Region11:47
Azerbaijan to increase employer's liability to prevent hiring of narcology patients
Social security11:38
Azerbaijan introduces new state standard for sustainable event management
Infrastructure11:36
Adil Mammadov: Azerbaijan exports experience in event organization
Infrastructure11:18
Oil prices fall
Energy11:15