Iraq buys 90 tons of gold within 8 years
Iraq buys 90 tons of gold within 8 years
01:53 – 07/12/2019
Baghdad – Mawazine News
The World Gold Council announced, on Saturday, that Iraq bought more than 90 tons of gold in 8 years, indicating that the last purchase of gold from Iraq was in September of 2018 at 6.5 tons.
The council said in a statistic published on its website during the month of December that “Iraq bought 90.4 tons of gold during 8 years”, indicating that “the last purchase of gold was in the month of September of 2018 at an amount of 6.5 tons.”
He continued, “Iraq bought in 2012 the amount of 23.9 tons of gold and then bought in 2013 the amount of 12.4 tons and then bought in 2014 the amount of 47.6 tons and then bought in 2018 the amount of 6.5 tons to become its gold reserves 96.3 tons, which represents 6.8 % Of the rest of his currency. ”
He added, “Iraq still maintains its fifth Arab position, which came after Saudi Arabia, Lebanon, Algeria and Libya,” and on the 38th place globally out of 100 countries included in the international financial statistics for global gold reserves. “The
council noted that” five global countries have acquired On more than half of the world’s reserves of gold, which are the United States, Germany, Italy, France and Russia, indicating that “the United States ranked first with these reserves at 8,133 tons.” Ended 29 / A 43
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