On September 4, 2025, El Salvador purchased 13,999 troy ounces of gold, valued at approximately $50 million, for its strategic reserves, per CoinoMedia and. Announced by the Central Reserve Bank (BCR), this move brings total gold holdings to 58,105 troy ounces, worth $207 million, per. Under President Nayib Bukele, the acquisition signals a diversification strategy beyond Bitcoin (BTC), which El Salvador adopted as legal tender in 2021, per. X posts from @NoticieroSLV note the purchase recovers gold sold by the FMLN government in 2015 for $200M, now valued at $600M, per.
The purchase aligns with a global surge in gold demand, driven by inflation concerns and geopolitical uncertainties, per. Central banks, including those in China (2,264 tons) and Russia (2,336 tons), have increased gold reserves to record levels, with global purchases exceeding 1,000 tons annually over the past three years, per. Gold prices hit $3,500/ounce in August 2025, per, reflecting its role as a safe-haven asset. El Salvador’s move cushions its economy against crypto volatility, complementing its BTC holdings ($113,234, per CoinMarketCap), per.
Bukele’s strategy blends gold’s stability with Bitcoin’s potential, per. The $50M purchase follows Bukele’s claim that El Salvador sits on $3T in unmined gold, potentially the world’s highest density per square kilometer, per. However, a 2017 mining ban, lifted in December 2024, sparked environmental concerns, per. X posts from @SGTnewsNetwork suggest Bukele anticipates further gold price surges, possibly driven by U.S. policy shifts under President Trump, per. This dual approach aims to reduce economic vulnerability, per.
Investors should track gold prices on kitco.com and BTC on CryptoQuant. BTC support is at $112,000, with resistance at $120,000, per TradingView. Diversify into USDC or physical gold ETFs like GLD with stop-losses below BTC’s $112,000, per. Follow @TheBlock__ on X for updates. If gold sustains above $3,500, El Salvador’s reserves could appreciate, but mining debates may delay further gains, per. BTC could hit $150,000 by 2026 if U.S. rate cuts occur, per Techopedia.
