Azerbaijan's gold reserves exceed 181 tons

Wed July 23 2025

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has increased its investment in gold, APA-Economics reports, citing SOFAZ.

In the first half of 2025, gold investments accounted for $19 billion 133.2 million (28.8%) of the Fund's investment portfolio. Over the six months, SOFAZ increased its investments in gold by $6 billion 778.6 million. Thus, at the end of last year, gold investments accounted for $12 billion 354.6 million (20.6%) of the Fund's investment portfolio.

It should be noted that SOFAZ purchased 15.8 tons of gold in the second quarter of this year. Thus, while the Fund's gold reserves were 165.3 tons as of April 1, 2025, this figure increased to 181.1 tons as of July 1 this year. In total, SOFAZ has purchased 34.5 tons of gold since the beginning of 2025.

Source: https://en.apa.az/