Baku 12° C
SOFAZ's investments in gold near $7B
Finance
- 18 July, 2024
- 13:54
The value of gold bars of the State Oil Fund of Azerbaijan (SOFAZ) stood at just under 11.48 billion manats (over $6.752 billion), as of January 1, 2024, Report informs, citing the fund.
According to the fund's financial report, this is 13.6% more than on January 1, 2023.
SOFAZ's investments in gold bars amount to 12% of its total assets.
Author
Latest News
18:42
Iran may withdraw from Treaty on Non-Proliferation of Nuclear Weapons
Region18:16
Vegetable oil production rises in Azerbaijan, margarine output falls
Industry18:09
Mirzoyan and Araghchi mull possible steps to de-escalate Middle East tensions
Region17:48
Azerbaijan raises chemical imports from Türkiye by over 13% in February
Business17:27
Qatar, Ukraine ink defense co-op agreement
Other countries17:05
Iran says over 93,000 civilian sites damaged in ongoing air strikes
Region16:45
Butter reserves at industrial enterprises in Azerbaijan triple
Industry16:25
Ukraine denies Iran destroyed Ukrainian air defence depot in Dubai
Region16:05