Sandy Ingram

The Central Bank of Iraq’s gold reserves rose sharply in the first quarter of 2025.  A statement from the CBI said gold reserves reached IQD 21.2 trillion, which is about $16.2 billion, an increase of 19%…held in the previous quarter.  It added that gold reserves remains a vital component of Iraq’s foreign reserves…The gold reserves do not include the over $100 billion in foreign reserves held in Iraq’s accounts in the United States.