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
00:03
Today marks remembrance day of Academician Zarifa Aliyeva
Domestic policy23:56
Ukraine, Norway ink declaration to boost security cooperation
Other countries23:49
Lebanon president says Israel talks could mark end of suffering
Other countries23:39
CENTCOM says US forces enforcing blockade on ships linked to Iranian ports
Other countries23:25
Armenia, France and Lithuania officials discuss South Caucasus normalisation
Foreign policy23:17
Lithuanian government photographer captures images of Baku
Foreign policy22:53
Modi says India, US to strengthen strategic partnership after Trump call
Other countries22:28
Azerbaijan sees untapped potential in ties with Czechia, envoy says
Foreign policy22:19