US EditionEl Salvador Stockpiles Gold, Bitcoin Amid Market Jitters
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4 Articles
El Salvador stockpiles gold, Bitcoin amid market jitters
El Salvador's strategic asset diversification amid global economic uncertainty may influence other nations to reassess their reserve strategies. The post El Salvador stockpiles gold, Bitcoin amid market jitters appeared first on Crypto Briefing.
El Salvador’s central bank reinforced its international reserves with a US$50 million gold purchase, in a sign of financial diversification that coincides with the country’s sustained strategy of accumulating Bitcoin *** The institution acquired 9,298 troy ounces, bringing the total to 67,403 ounces valued at about US$360 million. President Nayib Bukele reacted to the announcement with an ambiguous message that evoked purchases in market falls. …
El Salvador bought 9,298 troy ounces of gold for $50 million, raising the country's total reserves to 67,403 ounces, while President Bukele reacted ironically on social networks to the operation. EL SALVADOR.- The Central Reserve Bank (BCR) announced Thursday a new acquisition of 9,298 troy ounces of gold in international markets, equivalent to $50 million, as part of its strategy to strengthen and diversify the country's international reserves.
The Central Reserve Bank made a new acquisition of 9,298 troy ounces of gold in the international markets, as part of its strategy of increasing the holdings of this metal. Thus, between September 2025 and January 2026, El Salvador has purchased a total of 23,297 troy ounces of gold, increasing its holdings of gold from 58,105 to 67,403 troy ounces, with an estimated total value of US$360.0 million. At the international level, gold continues to …
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