World Gold: Iraq has not been updated since January
World Gold: Iraq has not been updated since January
2025-10-08 02:19
Shafaq News – Baghdad
The World Gold Council announced on Tuesday that Iraq has not updated its gold reserves data since January 2025.
In its latest statistics for October, seen by Shafaq News Agency, the council stated that “Iraq has not updated its data on its gold reserves and has not announced any purchase or sale since last January, and therefore reserves remain unchanged.” It indicated that it “maintained its 29th place globally out of the 100 countries with the largest reserves of the precious metal.”
He added, “Iraq’s gold reserves amount to 162.7 tons, equivalent to 17.4% of its other foreign currency reserves, ranking fourth in the Arab world after Saudi Arabia, Lebanon, and Algeria in terms of gold reserves.”
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 Trinidad and Tobago and Iceland came in last with two tons each.”
The UK-based World Gold Council has extensive experience and in-depth knowledge of the factors influencing the gold market and includes the world’s largest and most modern gold mining companies as members.
shafaq.com
