World reserves of gold rise in June and Iraq maintains fifth place in the Arab world


 

 

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World reserves of gold rise in June and Iraq maintains fifth place in the Arab world

 

08-06-2017 01:45 PMThe Euphrates –

The World Gold Council said that the world’s reserves of gold rose in June, noting that Iraq has maintained the fifth rank of Arab world reserves.

The world’s reserves of gold rose for the month of June by 51 tons from May to 33 thousand and 425 tons, while the United States ranked first in the world in terms of reserves, which amounted to 8.133.5, followed by Germany B 3.377 tons.
The Council added that Iraq has maintained the fifth rank in the Arab world in terms of these reserves, which came after all of Saudi Arabia, Lebanon, Algeria and Libya, noting that Iraq also maintained the rank of 37 out of the world’s 100 countries listed in the international financial statistics of the global reserves of gold during the month of June this year 2017. He pointed out that Iraq’s gold reserves remained stable, recording 89.8 tons, representing 8.0 of the rest of the other currencies, stressing that the last purchase of Iraq from gold was in April 2014, where he bought 15.16 tons.

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