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Thursday March 6 2025

State Oil Fund of Azerbaijan expands gold holdings

6 March 2025 16:03 (UTC+04:00)
State Oil Fund of Azerbaijan expands gold holdings
Qabil Ashirov
Qabil Ashirov
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“Gold purchases are ongoing, and we plan to continue these acquisitions during the April-May period, aiming to reach 170 tons in total and increase the share of gold in our portfolio to 25%,” added Farhad Zeynalov. According to him the increase in gold reserves is a significant step in strengthening Azerbaijan's financial stability and diversifying its investment portfolio.

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