SOFAZ’s gold reserves decline to 178.1 tonnes
In January–September 2026, the gold reserves of the State Oil Fund of Azerbaijan (SOFAZ) decreased by 3.6% compared with the same period last year, reaching 178.1 tonnes.
In January–September 2026, the gold reserves of the State Oil Fund of Azerbaijan (SOFAZ) decreased by 3.6% compared with the same period last year, reaching 178.1 tonnes.
Capitalistaz.com reports that this is stated in SOFAZ’s report on revenues and expenditures for January–September 2026.
According to the report, gold investments accounted for $23.9347 billion of the Fund’s investment portfolio denominated in US dollars, which was valued at $74.003 billion. Gold investments represented 32.3% of the portfolio.
It should be noted that SOFAZ’s gold reserves amounted to 184.8 tonnes in January–September 2025.