El Salvador's central bank buys $50 million of gold as government keeps adding bitcoin

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El Salvador's central bank has purchased $50 million of gold, increasing its holdings to over $360 million, while the government continues to invest in bitcoin with $635 million in holdings.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.

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Original article published by CoinDesk on January 30, 2026.
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