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SOFAZ's gold reserves exceed 165 tons
Finance
- 17 April, 2025
- 17:23
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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.
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