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El Salvador’s central bank has added $50 million worth of gold to its reserves, even as the government continued its daily bitcoin purchases under President Nayib Bukele.
The purchase of 9,298 troy ounces lifts the country’s total gold holdings to 67,403 ounces, valued at roughly $360 million at current prices, according to the Central Bank of El Salvador.
President Nayib Bukele reposted the announcement on X, writing:
“We just bought the other dip.”
Data from Arkham shows the government also added one bitcoin on Thursday, in line with Bukele’s pledge to buy one coin per day.
The latest purchase brings El Salvador’s bitcoin holdings to 7,547 coins, worth about $635 million at prices just above $84,000.
The parallel accumulation of gold and bitcoin highlights the government’s strategy of diversifying reserves beyond traditional foreign currencies.
El Salvador has continued to expand its digital asset exposure despite market volatility, positioning bitcoin alongside gold as a long-term store of value in its national reserves.