Bank Of Baku

SOFAZ sells 22.1 tons of gold in Q1, reserves decline

SOFAZ sells 22.1 tons of gold in Q1, reserves decline
# 23 April 2026 15:06 (UTC +04:00)

The State Oil Fund of Azerbaijan sold 22.1 tons of gold in the first quarter of this year, reducing its gold reserves to 178.1 tons, APA reports, citing SOFAZ.

Note that as of April 1 this year, gold accounted for 35.6% ($26.1 billion) of SOFAZ’s investment portfolio.

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