16:47 - 31.07.2026

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July 31, Fineko/abc.az. The Chamber of Accounts of Azerbaijan recommended maintaining asset diversification amid a sharp increase in the share of gold assets in the investment portfolio of the State Oil Fund of Azerbaijan.

According to Chamber's report, by the end of 2025, the value of SOFAZ’s investment portfolio increased by 22.5% ($13.51 billion) and reached $73.54 billion. Over the same period, the value of gold assets grew from $12.35 billion to $28.06 billion, and their share reached 38.2%, making them the largest asset class in the portfolio.

Given the dominant share of gold, the Accounts Chamber considered it appropriate to assess the risks of concentration in gold assets and regularly review the strategic distribution of assets.