Iraq maintains its global ranking in gold reserves.
Iraq maintains its global ranking in gold reserves.
2025-09-02 02:25
Shafaq News – Baghdad
The World Gold Council confirmed on Tuesday that Iraq has maintained its global ranking in gold reserves.
According to the council’s latest statistics, for September, seen by Shafaq News Agency, Iraq has not purchased any gold in seven months of 2025, indicating that it has maintained its 29th place globally out of 100 for the largest reserves of the precious metal.
He added that Iraq’s gold reserves amounted to 162.7 tons, equivalent to 16.9% of its other foreign currency reserves. Iraq thus holds the fourth largest gold reserves in the Arab world, after Saudi Arabia, Lebanon, and Algeria.
The Council noted that “the United States of America tops the list of the world’s largest gold holders, with 8,133,000 tons, followed by Germany with 3,350,000 tons, then Italy with 2,451,000 tons, while Iceland and Hong Kong come in last with 2 and 2.1 tons, respectively.”
The World Gold Council, headquartered in the United Kingdom, has extensive experience and in-depth knowledge of the factors influencing market changes, and its members include the world’s largest and most advanced gold mining companies.
shafaq.com
