Fourth, Arab.. Iraq’s reserves of gold {137.7} tons
The former director of Dwan Financial Supervision, Salah Nouri, revealed today, Saturday, Iraq’s gold reserves.
Nouri {Euphrat News} said that: “The gold reserve of the Central Bank of Iraq is up to {137.7} tons and comes in fourth place in the Arab world according to the statistics of the World Gold Council based in London.”
He pointed out that “we do not have accurate information about the amount of gold reserves in the Central Bank of Iraq, in general, the Central Bank should diversify investments between US government bonds and investment in gold.”
On the most prominent things of the US magazine Forbes magazine about the reasons for the rise in gold prices globally, Nouri explained that “the high demand for gold by Chinese investors and your universe is to hedge against economic instability that affects investment in stocks and bonds.”
“There are also concerns about lowers interest rates on investment in U.S. government bonds, which has led to investing in gold as a safe haven,” he added.
Nouri concluded by “the geopolitical reasons for the Russian-Ukrakranian war and the war on the people of Gaza by the Zionist entity are all reasons that pushed the rise in gold prices globally.”
Gold prices rose on Friday due to risk absilitance in financial markets.
By 04:29 GMT, gold in spot transactions had risen 0.3% to $2386.05 an ounce after jumping briefly to $2417.59 earlier in the session, hoving near an all-time high of $2431.29 it recorded last Friday.
From: Raghad Daham
https://alforatnews.iq/news/رابعاً-عربياً-احتياطي-العراق-من-الذهب-137-7-طناً
No comments:
Post a Comment