"ONCE AGAIN IT'S A LOT MORE THAN THAT!!!" BY FRANK26, 11 FEB

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Frank26:   "LOL... ONCE AGAIN IT'S A LOT MORE THAN THAT!!!"...........F26

 Iraq increased its possession of the yellow metal to more than 142 tons

2/7/2024

The World Gold Council announced today, Wednesday, that Iraq has increased its possession of the yellow metal to more than 142 tons.

The Council said in its latest table for last January, “Iraq maintained its 30th ranking globally out of 100 countries included in the table with the largest gold reserves and raised its possession to 142.6 tons from 132 tons, which represents 8.3% of the rest of its other reserves.”

He added, "Iraq ranked fourth in the Arab world after Saudi Arabia, which possessed 323.1 tons, followed by Lebanon, which possessed 286.8 tons, and Algeria, which possessed 173.6 tons."

He pointed out that "the United States of America sits on the throne of the rest of the countries with the largest possession of gold in the world at 8133.5 thousand tons, followed by Germany with 3352.6 thousand tons, then Italy came with 2451.8 thousand tons, while Bosnia and Herzegovina came at the bottom with 1.5 tons."

The Council stated, "Iraq announced the purchase of gold in the year 2023, amounting to approximately 12.25 tons."

It is noteworthy that the World Gold Council is based in the United Kingdom and has extensive experience and deep knowledge of the factors causing market change. Its members consist of the largest and most advanced gold mining companies in the world.   LINK