El Salvador Central Bank Buys $50M in Gold While Government Continues Bitcoin (BTC) Purchases

El Salvador is diversifying its national reserves with significant purchases of both gold and Bitcoin (BTC). The country's central bank has acquired $50 million worth of gold, according to recent data. This move coincides with the Salvadoran government's ongoing strategy of accumulating Bitcoin, as confirmed by President Nayib Bukele. The dual approach highlights El Salvador's commitment to alternative assets beyond traditional fiat currencies. Market analysts view these purchases as a hedge against inflation and global economic uncertainty. This strategy positions El Salvador uniquely as a nation investing heavily in both digital and physical store-of-value assets.