Iraq’s gold reserves increased by 4 tons over the past two months, reaching 152.6 tons, according to a report issued by the World Gold Council. This rise puts Iraq in the world’s 29th place among 100 countries in gold reserves, according to last month’s data.
At the Arab level, Iraq ranked third after Saudi Arabia and Lebanon, with data recording an increase in Iraqi gold reserves from 148.3 tons to 152.6 tons.
Last August, Mazhar Mohammed Saleh, economic adviser to the Iraqi prime minister, confirmed that gold represents about 10% of Iraq’s foreign exchange reserves. He pointed out that the reserve had reached 148 tons at the time.
It is worth mentioning that Iraq recorded last February a gold reserve of 145 tons and 661 kilograms, indicating that the continuous increase reflects financial stability and a stability in cash liquidity.
Globally, the United States is at the forefront of gold reserves with 8,133 tons and 300 kilograms, followed by Germany with a reserve of 3,351 tons and 500 kilograms, then Italy in third place with a reserve of 2814 tons.
https://alforatnews.iq/news/العراق-يرفع-احتياطي-الذهب-إلى-152-6-طن-وفقاً-لمجلس-الذهب-العالمي
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