Baku 20° C
SOFAZ's gold reserves exceed 165 tons
Finance
- 17 April, 2025
- 17:23
Add Report.az to preferred Google sources
Stay up to date with the top news!
As of April 1, 2025, the share of bonds and other money market instruments in the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) was 42.6%, Report informs, citing the SOFAZ.
This marks 12.7 percentage points less than on April 1, 2024.
During the reporting period, the share of stocks in the portfolio decreased from 25.7% to 24.8%.
In turn, the share of gold increased from 13.2% to 25.8%, and the share of real estate from 5.8% to 6.8%.
Currently, SOFAZ has 165.3 tons of gold in its reserves, which is 60.7 tons or 58% more than a year ago.
Author
Latest News
16:48
Chairman of Azerbaijan's State Reserves Agency appointed
Domestic policy
16:43
Attackers ambush police in Nigeria, killing at least 8
Other countries
16:38
Photo
ADY discusses infrastructure, fleet expansion and digital services with partners
Infrastructure
16:33
Former Azerbaijani Ambassador to Japan awarded Order of Rising Sun
Foreign policy
16:27
Baku Metro's charter capital to increase by 31.4% – Exclusive
Finance
16:22
Qatar says US-Iran mediation efforts 'ongoing'
Other countries
16:09
Photo
Video
Sites of Memory of Western Azerbaijan: Ethnic cleansing in Alagoz village
Domestic policy
16:07
John Spencer: Disinformation operations played significant role during 44-day war
Karabakh
16:00
US military expert evaluates role of Azerbaijan's president in 44-day war
Foreign policy