The World Gold Council announced on Wednesday that Iraq has increased its gold holdings to more than 152.5 tons.
According to the latest table published by the Council for November 2024, which Shafak News Agency reviewed, “Iraq ranked 29th out of 100 countries listed in the table with the largest gold reserves,” indicating that “Iraq ranked third in the Arab world after Saudi Arabia and Lebanon.”
He added, “Iraq increased its gold holdings to 152.6 tons, after it had held 152.5 tons, which represents 11.5% of its remaining reserves.”
The Council also pointed out that “the United States of America tops the list of countries with the largest gold holdings in the world, with 8,133.5 thousand tons, followed by Germany with 3,351.5 thousand tons, then Italy with 2,814 thousand tons, while Bosnia and Herzegovina came in last with 1.5 thousand tons.”
The World Gold Council is headquartered in the United Kingdom, has extensive experience and in-depth knowledge of the drivers of market change, and its members include the world’s largest and most advanced gold mining companies.
