El Salvador Increases Gold and Bitcoin Holdings Amid Market Volatility
- El Salvador’s Central Reserve Bank acquired 9,298 troy ounces of gold worth $50 million, marking its second purchase since 1990.
- The country’s total gold reserves now stand at 67,403 troy ounces, valued at approximately $360 million.
- Gold prices have surged nearly 50% since last September, contributing to a $13 million profit from the previous purchase.
- El Salvador also holds 7,546 Bitcoin, valued at about $618 million.
- Global central banks added a net 863 tonnes of gold in 2025 amid rising geopolitical tensions and dollar concerns.
Trading Analysis
Trading Signal: BEARISH (Score: -4)
Recent market volatility has led to a decline in both gold and Bitcoin prices.
Price Levels:
Current Gold Price: $5,100
Current Bitcoin Price: $82,000
Recent Range for Gold: $5,100 – $5,500
Recent Range for Bitcoin: $82,000 – $88,000
Catalysts & Timeline:
• Near-term geopolitical tensions affecting asset values.
The recent acquisition by El Salvador underscores its strategy to bolster reserves with both gold and Bitcoin. However, market volatility has impacted prices negatively.