On Wednesday, the World Gold Council published a statistic in January, in which it said that “Iraq did not buy any amount of gold during 2019, and that” its last purchase was in 2018, which bought 6.5 tons to add it to its reserves of 96.3 tons. “
The Council stressed 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 the global reserves of gold.”
The Council noted that “the United States of America is still in the first place with the largest reserves of gold in the world, as these reserves amounted to 8.133.5 tons, followed by Germany with 3,366 tons, while Yemen ranked last with 1.6 tons.”
