Iraq advances one place in global gold reserves
Iraq advances one place in global gold reserves
2025-02-09 00:33
Shafaq News/ The World Gold Council announced on Sunday that Iraq has advanced one rank in the ranking of countries that hold the most gold in the world.
According to the latest table published by the Council in February, which Shafaq News Agency reviewed, Iraq ranked 28th out of 100 countries included in the table, after it was ranked 31st globally, to become fourth in the Arab world after Saudi Arabia, Lebanon and Algeria.
According to the table, Iraq increased its gold holdings to 162.7 tons, representing 12.7% of its total other reserves.
The Council pointed out that “the United States of America tops the list of the largest gold holders in the world, as it owns 8,133 thousand tons, followed by Germany with 3,351 thousand tons, then Italy with 2,452 thousand tons, while Trinidad and Tobago came at the bottom of the list with 1.9 thousand tons.”
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
