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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

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    Iraq ranks 30th in the world with the largest gold reserves

    Rocky
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    Iraq ranks 30th in the world with the largest gold reserves Empty Iraq ranks 30th in the world with the largest gold reserves

    Post by Rocky Sun 05 Mar 2023, 5:04 am

    Iraq ranks 30th in the world with the largest gold reserves
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    Baghdad today - follow-up
     Today, Sunday, the World Gold Council announced that global central banks have bought 30 tons of gold, while noting that Iraq has maintained its 30th rank in the world with the largest gold reserve rating.
    In its latest schedule for the month of March 2023, which I viewed (Baghdad Today), the council said, “During January, global central banks added 30 net tons of gold to global international reserves, up by 16% from the previous month.” “Gold sales in the same period amounted to 12 tons,”
    he added, “The Turkish Central Bank bought 23 tons of gold, the Chinese Central Bank bought 15 tons of gold, and Kazakhstan bought 4 tons,” noting that “the Central Bank of Uzbekistan was the only one who He made the sale of 12 tons.”
    He pointed out that “Iraq maintained its rank 30 globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July by purchasing 33.9 tons of gold, bringing its gold possession to 130.3 tons, which represents 8.6% of the rest of its other reserves.” .
    Globally, according to the table, the United States of America still leads the rest of the countries with the largest possession of gold in the world, with 8,133 thousand tons, followed by Germany with 3,355 thousand tons, and then Italy came with 2,451 thousand tons, while Mauritania ranked 100th, with 1 ton, preceded by El Salvador, with 1.4 tons.
    On June 27, Iraq announced the purchase of new quantities of gold, approximately 34 tons, an increase of 35% over what was in its possession.
    It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world.
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