Iraq bought more than 90 tons of gold in 8 years

by **Ponee** Thu Dec 12, 2019 7:46 pm

[size=18]The World Gold Council announced, on Saturday, that Iraq bought more than 90 tons of gold within 8 years, indicating that the last purchase of gold from Iraq was in September of 2018 at an amount of 6.5 tons.

The Council said in a statistic published on its website during the month of December and seen by Alsumaria News, that " Iraq bought 90.4 tons of gold during 8 years," noting that "the last purchase of gold was in September of 2018 at an amount of 6.5 tons."

He continued that Iraq bought in 2012 the amount of 23.9 tons of gold and then bought in 2013 the amount of 12.4 tons and then bought in 2014 the amount of 47.6 tons and then bought in 2018 the amount of 6.5 tons to become its gold reserves 96.3 tons, which represents 6.8% of The rest of its currencies.

”The council added that Iraq still maintains its fifth Arab position, which came after Saudi Arabia, Lebanon , Algeria and Libya , and on the 38th position globally out of 100 countries included in the international financial statistics for global gold reserves.
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The council noted that "five world countries have acquired more than half of the world's reserves of gold, which are the United States, Germany, Italy, France and Russia , noting that" the United States ranked first with these reserves by 8.133 tons. "

It is reported that the World Gold Council, which is located in The UK has extensive experience and deep knowledge of the drivers of market change and its members consist of the world's largest and most advanced gold mining companies.

12.12.2019
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by **Ponee** Thu Dec 12, 2019 7:48 pm

Iraq buys 90 tons of gold within 8 years

The World Gold Council announced, on Saturday, that Iraq bought more than 90 tons of gold in 8 years, indicating that the last purchase of gold from Iraq was in September of 2018 at 6.5 tons.

The council said in a statistic published on its website during the month of December that "Iraq bought 90.4 tons of gold during 8 years", indicating that "the last purchase of gold was in the month of September of 2018 at an amount of 6.5 tons."

He continued, "Iraq bought in 2012 the amount of 23.9 tons of gold and then bought in 2013 the amount of 12.4 tons and then bought in 2014 the amount of 47.6 tons and then bought in 2018 the amount of 6.5 tons to become its gold reserves 96.3 tons, which represents 6.8 % Of the rest of his currency. "

He added, "Iraq still maintains its fifth Arab position, which came after Saudi Arabia, Lebanon, Algeria and Libya," and on the 38th place globally out of 100 countries included in the international financial statistics for global gold reserves. "The council noted that" five global countries have acquired On more than half of the world's reserves of gold, which are the United States, Germany, Italy, France and Russia, indicating that "the United States ranked first with these reserves at 8,133 tons."

12.12.2019