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Another batch of gold received

On November 2, 2018, the State Service for Control on Precious Metals and Stones of the Ministry of Finance of the Republic of Azerbaijan received another batch of gold ingots weighing 12,865.2 troy ounces (400.2kg), and placed it in the Central Bank of the Republic of Azerbaijan. Being the profit share of the Government of Azerbaijan, the batch of gold was mined in Gadabay ore deposit and purified in Geneva, Switzerland.

Gold ingots of 999.9 fineness weighing 60,813.8 troy ounces (1,891.7kg) were previously placed for storage in the Central Bank as the profit share of the Government of Azerbaijan.

The total weight of gold owned by the Government of Azerbaijan, which is stored in the Central Bank, now reached 73,679.0 troy ounces (2,291,9kg) and has a market price of 91.7 million USD.