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World Gold: Iraq ranked 40th, with 96.4 tons of yellow metal
Shafaq News/ The World Gold Council announced, on Wednesday, that Iraq has maintained its global position, indicating that its gold reserves represent 9.2% of the rest of its other reserves.
The council said in its latest schedule for the month of April of 2022, which was seen by Shafak News Agency, that "the global reserves of gold increased by 19.4 tons as a result of the central banks buying quantities of it," noting that "the bulk of the rise resulted from purchases from Uzbekistan (8.7 tons). While Turkey continued to buy (5.6) tons, and Kazakhstan bought (5.3 tons).
He added, "Germany sold 0.9 tons of gold.
He pointed out that "Iraq maintained its global position 40 out of the 100 countries listed in the table with the largest gold reserves, after it fell one rank during the past month, bringing its gold holdings to 96.4 tons, which represents 9.2% of the rest of its other reserves."
He pointed out that "the United States still leads the rest of the countries with the largest possession of gold in the world, at 8,133 thousand tons, followed by Germany, 3,357 thousand tons, and then Italy 2,451 thousand tons, while El Salvador ranked 100, with 1.4 tons, preceded by Suriname with 1.5 tons."
It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.
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The council said in its latest schedule for the month of April of 2022, which was seen by Shafak News Agency, that "the global reserves of gold increased by 19.4 tons as a result of the central banks buying quantities of it," noting that "the bulk of the rise resulted from purchases from Uzbekistan (8.7 tons). While Turkey continued to buy (5.6) tons, and Kazakhstan bought (5.3 tons).
He added, "Germany sold 0.9 tons of gold.
He pointed out that "Iraq maintained its global position 40 out of the 100 countries listed in the table with the largest gold reserves, after it fell one rank during the past month, bringing its gold holdings to 96.4 tons, which represents 9.2% of the rest of its other reserves."
He pointed out that "the United States still leads the rest of the countries with the largest possession of gold in the world, at 8,133 thousand tons, followed by Germany, 3,357 thousand tons, and then Italy 2,451 thousand tons, while El Salvador ranked 100, with 1.4 tons, preceded by Suriname with 1.5 tons."
It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.
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