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World Gold Council: Iraq moves up in global gold reserves ranking – World Gold Council

World Gold Council: Iraq moves up in global gold reserves ranking – World Gold Council
World Gold Council: Iraq moves up in global gold reserves ranking – World Gold Council

2025-02-09 12:45:27 - From: Shafaq News


Shafaq News/ Iraq has climbed one spot in the global ranking ofcountries with the largest gold reserves, reaching the 28th position out of 100nations, according to the latest data from the World Gold Council.

The February report shows that Iraq advanced from 31st place globallyand now ranks fourth in the Arab world, following Saudi Arabia, Lebanon, andAlgeria.

Iraq increased its gold holdings to 162.7 metric tons, accounting for12.7% of its total reserves, the data showed.

The United States remains the world's largest holder of gold, with 8,133metric tons, followed by Germany (3,351 tons), Italy (2,452 tons), and France(2,437 tons). At the bottom of the list, Trinidad and Tobago holds 1.9 tons.