Iraq is among the top five Arab countries in gold reserves, with more than a thousand tons.
Iraq is among the top five Arab countries in gold reserves, with more than a thousand tons.
2025-01-11 00:19
Shafaq News/ The World Gold Council announced on Saturday that the central banks in five Arab countries have gold reserves exceeding one thousand tons out of 100 countries listed in the table of the largest gold reserves in the world.
According to the latest schedule published by the Council in 2025, which Shafak News Agency reviewed, “the central banks in the top five Arab countries have gold reserves amounting to 1,082 tons.”
The Council explained that “Saudi Arabia leads the Arab countries in terms of the largest gold reserves, as it possesses 323.1 tons, followed by Lebanon with 286.8 tons, then Algeria in third place with 173.6 tons, and Iraq in fourth place with 152.7 tons, while Libya came in fifth place with 146.7 tons.”
The Council pointed out that “the United States of America leads the world in the largest gold holdings, as it owns 8,133.5 tons, followed by Germany with 3,351.5 tons, then Italy with 2,451 tons, while Haiti came at the bottom of the list with 1.8 tons.”
The Council also explained that “the total gold reserves in the world amount to 36,165 tons, of which 10,770 tons represent the reserves of the euro zone.”
The World Gold Council, headquartered in the United Kingdom, has extensive experience and in-depth knowledge of the factors affecting the gold market, and its members include the world’s largest and most advanced gold mining companies.
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