SOFAZ has stopped gold sales

ECONOMY23.07.2026
SOFAZ has stopped gold sales

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has stopped gold sales in the second quarter of this year.

elchi reports, citing SOFAZ, that the Fund’s gold reserves amounted to 178.1 tons.

It should be noted that as of July 1 of this year, the share of gold in SOFAZ’s investment portfolio was 31.4%, which is 4.2 percentage points less compared to April 1.