El Salvador acquires $50M in gold for the first time since 1990, No Bitcoin Purchases Since IMF Deal in February

September 05, 2025

El Salvador stopped buying bitcoin after the IMF deal and now they announced they are buying Gold… https://t.co/1cvgIsw9RX
— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) September 5, 2025

El Salvador’s Central Reserve Bank (BCR) announced on Thursday that it had acquired 13,999 troy ounces of gold, worth approximately $50 million, for the first time since 1990. The acquisition brings its total gold stash to 58,105 troy ounces, with an estimated value of $207 million.

https://x.com/bcr_sv/status/1963641452832927795