[Azerbaijan Sells $3 Billion Worth of Gold for the First Time] According to Golden Finance, on April 25, during the first quarter of this year, Azerbaijan's State Oil Fund sold approximately 22 tons of gold. Previously, gold prices reached a historic high, pushing the sovereign wealth fund's gold allocation to its maximum limit. According to the fund's quarterly report, the gold reserves sold this time are valued at over $3 billion based on current prices, marking the fund's first reduction in gold reserves since it began purchasing gold in 2012.