oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

Gold

Gold

For the purposes of diversification of the investment portfolio and increasing profitability of SOFAZ, "Rules on management of foreign currency assets of the State Oil Fund of the Republic of Azerbaijan" was amended in accordance with the Presidential Decree № 519 dated October 27, 2011. According to the SOFAZ’s Investment Policy, SOFAZ can invest up to 25% of its investment portfolio, with a maximum upper deviation of 4% in gold.

gold


As of 30 September 2025, the gold sub-portfolio of SOFAZ amounted to 184.8 tons.

The transfer of the purchased gold to Azerbaijan is conducted by UK’s Brink’s Global Services. The purchased gold stored in the vault for storage of the valuables, built in the administrative building of SOFAZ.