Iraq solution in the fifth Arab in the volume of gold reserves.
According to the World Gold Council, global reserves amounted to gold around 33.33 thousand tons, by the end of the first quarter of 2017 compared to 32.74 thousand tons by the end of the same period in 2016, recording a growth of 32 consecutive quarter, particularly since the second quarter of 2009 , while the average growth of 1.3% in each quarter.
The data indicated that Lebanon dissolved after Saudi Arabia, the Arab world in terms of volume of gold reserves, which was ranked 18th worldwide by 286.8 tons constitute 0.9% of the world reserves.
Came in third place Iriba 25 Center globally Algeria to 173.6 tons, and was followed in fourth place among the Arab countries and in the ranking of the 31 world-Libya to 116.6 tons, and then Iraq in the fifth Arab and 37 worldwide by 89.8 tons and Kuwait in the sixth ranking Arab countries and 39 worldwide by 79 tons, followed by Egypt in the Arab world ranking seventh and 41 worldwide by 75.6 tons.
The United States topped the world in terms of gold reserves to 8133.5 tons, which accounts for about 24.4% of the world's reserves of gold, followed by Germany with reserves estimated at 3377.9 tons, accounting for about 10.1% of the world's reserves.
The third International Monetary Fund to 2814 tons, accounts for about 8.4% of the world's reserves, and IV replaced Italy with 2451.8 tons, make up about 7.4% of the world reserves.
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