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Found 4 results

  1. For the fifth month.. Iraq maintains its 30th rank in the world with the largest gold reserves 2023-05-08 06:25 Shafaq News/ The World Gold Council announced, on Monday, that Iraq has maintained its 30th rank in the world for the fifth consecutive month, with the largest gold reserves. The council said in its latest schedule for the month of April 2023, seen by Shafaq News agency, that "Iraq's ranking comes out of 100 countries listed in the table with the largest reserves of gold, after it rose ten ranks in July 2022, bringing its gold possession to 130.3 tons, which represents 8.1% of the rest." other precautions. And she added, "Iraq did not buy or sell any amount of gold during the first months of 2023," noting that "the last purchase of gold by Iraq was in June of last year 2022 when it bought 33.9 tons." He pointed out that “the most central banks buying gold during the first quarter of 2023 was the share of Singapore, as it bought 68.67 tons, followed by China by 57.85 tons, followed by Turkey 30.21 tons, then India 7.26 tons, while the most central banks of countries sold gold during This period went to Kazakhstan with 19.64 tons, followed by Uzbekistan with 14.62 tons, and then Cambodia with 10.08 tons. Globally, according to the table, the United States of America still leads the rest of the countries with the largest possession of gold in the world, with 8,133 thousand tons, followed by Germany with 3,355 thousand tons, and then Italy came with 2,451 thousand tons, while Bosnia and Herzegovina ranked 100th with 1.5 tons, preceded by Yemen with 1.6 tons. On June 27, 2022, Iraq announced the purchase of new quantities of gold, amounting to approximately (34) tons, an increase of 35% over what was in its possession. It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most gold mining companies in the world.
  2. Iraq sells 100 kilos of gold and falls one rank in the world's reserves 2021-08-01 02:10 Shafaq News/ The World Gold Council announced, on Sunday, that Iraq sold 100 kilos of gold to fall one rank among the world's gold reserves, indicating that Japan bought the largest amount of gold during the first quarter of this year. The council said in its latest schedule for August 2021, which was seen by Shafak News Agency; Iraq has sold 100 kilos of gold to become its possession of 96.3 tons, after it was 96.4 tons, which represents 9.1% of the rest of its other reserves. He added, "Iraq has not bought gold since September of 2020, when it bought a small amount of 0.1 tons, while it bought 6.5 tons in September 2018." He explained that "Iraq fell one rank to become 39th globally out of 100 countries listed in the table with the largest gold reserves in the world," noting that "Brazil managed to purchase 41 tons during the past month, to raise its rank from 42 to 32 globally." He pointed out that "the largest increases for the first quarter of the current year 2021 for the purchase of the yellow metal came from Japan, which bought 80.76 tons of gold, followed by Hungary, which bought 62.98 tons, and Uzbekistan third, which bought 23.33 tons, then India came fourth, which bought 18.67 tons, and Kazakhstan came fifth. Which bought 7.99 tons, noting that the best selling countries for gold in the first quarter of this year was Turkey, with an amount of 31.60 tons, followed by the Philippines, with an amount of 24.73 tons, and then the UAE, with an amount of 3.43 tons, followed by Russia with 3.11 tons, and finally, Jordan came with 3.05 tons. He pointed out that "the United States of America still ranks first in the world's largest gold reserves with 8,133 thousand tons, followed by Germany with 3,359 thousand tons, while Yemen was at the bottom with 1.6 tons, preceded by Haiti by 1.8 tons." It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.
  3. Global Gold: Central banks buy 142 tons of gold, and Iraq ranks 30 2023-02-06 02:34 Shafaq News/ The World Gold Council announced, on Monday, that global central banks bought 142.58 tons of gold in the last quarter of 2022, while noting that Iraq maintained its rank 30 in the world. In its latest schedule for the month of February 2023, seen by Shafaq News Agency, the Council said, "During the last quarter of 2022, global central banks added 142.58 net tons of gold to global international reserves," noting that "gold sales in the same period amounted to 31.34 tons." ". And she added, "The Chinese Central Bank bought 62.21 tons of gold in the last quarter of 2022, and the Turkish Central Bank bought 52.90 tons of gold in, and the UAE bought 15.63 tons, Kyrgyzstan bought 6.20 tons, and Uzbekistan 5.91 tons." He pointed out that "the countries that sold gold in the fourth quarter of 2022 came on top of countries with an amount of 29.82 tons, followed by Bosnia and Herzegovina with 1.24 tons, followed by Mongolia with 0.26 tons, followed by Romania and Mexico with 0.01 tons, respectively." He added that Iraq maintained its rank 30 globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July after purchasing 33.9 tons of gold, bringing its gold possession to 130.3 tons, which represents 9% of the rest of its other reserves. Globally, according to the table, the United States of America still leads the rest of the countries with the largest possession of gold in the world, at 8,133 thousand tons, followed by Germany with 3,355 thousand tons, and then Italy came with 2,451 thousand tons, while the Republic of Cuba ranked 100th, with 1 ton, equally with Mauritania, which owned 1 ton. also ". On June 27, Iraq announced the purchase of new quantities of gold, approximately 34 tons, an increase of 35% over what was in its possession. It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world.
  4. 96.3 tons of Iraqi gold possession Monday 09 November 2020 39 Baghdad: Morning The World Gold Council announced that Iraq's possession of gold represents 8.5 percent of the rest of its other currencies. In November, the Council published a table for the world's most recent gold holdings, stating that "Iraq has 96.3 tons of gold, which represents 8.5 percent of the rest of its other hard currencies," indicating that "this percentage decreased compared to other currencies from the previous month, which was 8.8 percent." ". He added, "The last purchase of gold for Iraq was in 2018, which amounted to 6,450 tons," indicating that "Iraq still maintains the fifth place in the Arab world and the 38th globally among the 100 countries listed in the table." The council noted that "the countries’ total holdings of gold amounted to 35.106 thousand tons. America is at the forefront of these countries in the world with the most precious metal, followed by Germany, and Italy comes third. " It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world.
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