El Salvador Diversifies Its Reserves with $50 Million Gold Purchase

El Salvador has made a strategic move to diversify its national reserves, acquiring $50 million in gold. This action marks the country’s first major gold purchase since 1990 and represents a shift away from solely relying on Bitcoin holdings for financial stability. The Central Reserve Bank of El Salvador purchased 13,999 troy ounces of gold, as reported by the country’s Central Reserve Bank on September 5th, 2025. President Nayib Bukele championed this move, reflecting a strategic balance between cryptocurrency and traditional assets.