International classification of gold reserves in Iraq

by **RamblerNash** Sun Jul 08, 2018 12:38 pm

International classification of gold reserves in Iraq

2018/7/7 20:17

Baghdad: Iraq is ranked 37th in the world's highest reserves of gold during the month of July.

"The world's reserves of gold fell for the month of July by 79 tons from June to 33 thousand and 734 tons," the council said in a statistical release.

"The United States ranked first in the world in terms of reserves of 8.133.5 tons, followed by Germany with 3.371 tons," he said.

The council added that "Iraq ranked 37th in the world in terms of these reserves out of the 100 countries listed in the international financial statistics of the global reserves of gold, and the fifth place in the Arab world, which came after Saudi Arabia, Lebanon, Algeria and Libya."

He continued, "Iraq's gold reserves remained steady, recording 89.8 tons, representing 7.7% of the rest of the other currencies," pointing out that "the last purchase of Iraq from gold was in April 2014, where he bought 15.16 tons."

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