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
20:57
Zelenskyy: Ukraine shares security experience and expertise with Qatar
Other countries20:51
Death toll from Kenyan floods rises to 108, police say
Other countries20:25
Video
Hakan Fidan: Middle East tensions escalating into broader war
Region20:08
IRGC shoots down US MQ-9 drone and F-16 fighter
Region19:49
Türkiye replaces its ambassador to Georgia
Other19:33
Baghdad orders probe after drone targets Kurdistan president's home
Other countries19:02
First tanker carrying Middle Eastern oil arrives at Japanese port
Other countries18:42
Iran may withdraw from Treaty on Non-Proliferation of Nuclear Weapons
Region18:16