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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    WGC: Iraq boosts reserve of gold

    Rocky
    Rocky
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    WGC: Iraq boosts reserve of gold Empty WGC: Iraq boosts reserve of gold

    Post by Rocky Mon 04 Feb 2019, 3:06 pm


    WGC: Iraq boosts reserve of gold

    13:49 - 04/02/2019
     


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    Information / Baghdad ..
    A report by the World Gold Council (WGC) reported that the amount of gold bought by central banks in 2018 recorded record highs, the highest ever, noting that Iraq is strengthening its reserves of gold.
    During the past year, central banks bought the largest amount of precious metal since 1967, buying 651.5 tons, up 74 percent from 2017, buying 375 tonnes of gold, the report said.
    "The growing geopolitical and economic uncertainty over 2018 has driven central banks increasingly to diversify their reserves and focus their attention on the main objective of investing in safe assets," the report said.
    He added that Russia in 2018 topped the countries in terms of gold purchases, as part of a strategy to reduce dependence on the dollar, as the central bank sold most of its investment in US Treasury bonds and purchase about 274 tons of precious metal.
    Besides Russia, its gold reserves have strengthened countries including Turkey, Kazakhstan, India, Iraq, Poland and Hungary (Hungary).
    Russia ranks 5th in the world with gold reserves, saving 2113 tons, while the United States ranks first in the world, followed by Germany, Italy and France. Ending / 25

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