Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown
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Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown

April 24, 2026
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Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year, after a record-breaking rally pushed the sovereign wealth fund’s allocation of the metal to its maximum threshold.

Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown
Bloomberg
Bloomberg

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