The Central Bank of Iraq is among the top 10 banks buying gold in the world
The Central Bank of Iraq ranked seventh on the list of central banks that bought the most gold in 2024, according to data from the World Gold Council.
The volume of gold purchases by the Central Bank of Iraq in 2024 amounted to about 20 tons, surpassing Hungary, Uzbekistan and Ghana, while the first six countries on the list are Poland, Turkey, India, Azerbaijan, China and the Czech Republic.
Here is a list of the top 10 central banks buying gold in 2024 :
Poland: 89.5 tons
Türkiye: 74.8 tons
India: 72.6 tons
Azerbaijan: 44.8 tons
China: 44.2 tons
Czech Republic: 20.5 tons
Iraq: 20.1 tons
Hungary: 15.5 tons
Uzbekistan: 11 tons
Ghana: 11 tons link