Global Gold: Central banks buy 142 tons of gold, and Iraq ranks 30

[yota691]

 

Iraq maintains its 30th rank in the list of major gold hoarders 

 

2022-09-06 05:29

Shafaq News/ The World Gold Council announced today, Tuesday, that Iraq has maintained its 30th rank globally among the largest countries in possession of gold reserves.

The council said in its latest schedule for the month of September of 2022, which was seen by Shafak News Agency; The "global central banks added 37 net tons to global gold reserves," noting that "the bulk of the rise resulted from purchases from Qatar (15 tons), while regular buyers of India were also by (13) tons and Turkey bought (12) tons. Uzbekistan bought 9 tons.

He added that "Kazakhstan was the only prominent seller in this month, as it sold (11) tons of gold." 

He pointed out that "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves. ".

He explained that "Iraq has become the fourth largest Arab gold reserve after Saudi Arabia, Lebanon and Algeria, after it was sixth, surpassing Egypt and Libya, which ranked fifth and sixth, respectively."

globally; The United States of America still leads the rest of the countries with the largest gold possession in the world, with 8.133 tons, followed by Germany, 3.355 tons, and then Italy, 2,451 tons.

The Republic of Cuba ranked 100, with one ton, preceded by the Islamic Republic of Mauritania, with one ton.

On June 27, 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 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.

[yota691]

Iraq's gold reserves rise to 130.4 tons

political |   02:40 - 09/09/2022

 

 

 

 

 

 

Follow-up - Mawazine News
, Iraq's gold reserves rose to 130.4 tons.

The statistics of the World Gold Council showed that the reserves of the world's central banks of the yellow metal amounted to 35,393 tons by the end of July 2022.

According to those statistics, Iraq ranked third in the Arab world, and thirty in the world, with reserves of 130.4 tons until the end of last July. Ended 29/N33

[yota691]

Iraq ranks third in the Arab world in gold reserves

2022.09.09 - 16:18

 

Baghdad - people  

On Friday, Iraq ranked third in the Arab world in gold reserves until the end of last July.   

 

  

  

The Gold Council indicated in a statistic, according to the official agency, that Iraq ranked third in the Arab world, and thirty in the world, with reserves amounting to 130.4 tons until the end of last July.  

  

The World Gold Council announced that the reserves of the world's central banks of the yellow metal amounted to 35,393 thousand tons at the end of last July.  

  

The Deputy Governor of the Central Bank of Iraq, Ammar Khalaf, had previously indicated to an increase in gold reserves by 30 tons, explaining that the increase in the reserves of the Central Bank came as a result of the rise in international oil prices and this is reflected in the rise in the reserves, expecting that the reserves would reach 90 billion dollars by the end of this year .  

  

He added that the current reserves of the Central Bank amounted to more than 80 billion dollars, pointing out that the gold reserves amounted to more than 131 tons, which increased by about 30 tons, and this led to a high ranking of Iraq globally.  

[yota691]

Iraq maintains its global position in gold reserves

• Time: 09/13/2022 09:41:33
•  
• Reading: 1,287 times

  

{Economic: Al Furat News} The World Gold Council announced today, Tuesday, that five Arab countries, including Iraq, possess more than a thousand tons as reserves of the precious metal.

The council said in a statistic published on its website during the month of September, that "Saudi Arabia, Lebanon, Algeria, Iraq and Egypt have the largest gold reserves among other Arab countries, as the total of these reserves amounted to 1.039 tons."

He added that "the amount of gold reserves for Saudi Arabia amounted to 323.1 tons, while the gold reserves of the state of Lebanon amounted to 286.8 tons, while the amount of reserves of the state of Algeria amounted to 173.6 tons," noting that "the gold reserves of the state of Iraq amounted to 130.4 tons, while the amount of gold reserves for Egypt amounted to 125.2 tons."

He pointed out that "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies.

[yota691]

 

The World Council: Iraq is among the Arab countries with the most gold reserves

 

 2022-09-13 02:04

 

Shafaq News/ The World Gold Council announced on Tuesday that five Arab countries, including Iraq, possess more than a thousand tons as reserves of the precious metal.

The council said in a statistic it published on its website during the month of September and reviewed by Shafaq News, that "Saudi Arabia, Lebanon, Algeria, Iraq and Egypt have the largest gold reserves among other Arab countries, where the total of these reserves amounted to 1.039 tons."

He added that "the amount of gold reserves for Saudi Arabia amounted to 323.1 tons, while the gold reserves of the state of Lebanon amounted to 286.8 tons, while the amount of reserves of the state of Algeria amounted to 173.6 tons," noting that "the gold reserves of the state of Iraq amounted to 130.4 tons, while the amount of gold reserves for Egypt amounted to 125.2 tons."

He pointed out that "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies.

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.

[southbeach]

Good. Makes for a strong, prosperous, and independent GCC.  Independence!

[yota691]

 

Iraq is the largest buyer of gold for the second quarter of this year

 

 2022-10-01 06:29

 

Shafaq News/ The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022.

The council said in a tabular report seen by Shafak News Agency, that "Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons, followed by Turkey by buying 26.60 tons, then Uzbekistan by 26.44 tons, and then Kazakhstan came By 15.79 tons, then India came by 8.39 tons.

He added that "the most countries selling gold during the second quarter of the current year 2022 was Germany at 3.36 tons, followed by Mongolia by 0.80 tons, followed by the United Arab Emirates by 0.27 tons."

[yota691]

 

World Gold Council: Limited demand for the yellow metal and Iraq maintains its rank

 

 2022-10-03 03:18

 

 

Shafaq News/ The World Gold Council announced, on Monday, that there is a limited demand for buying the yellow metal, while noting that Iraq has maintained its 30th rank globally among the largest countries in possession of gold reserves.

The council said in its latest schedule for the month of October 2022, which was seen by Shafak News Agency, that "purchasing gold from central banks slowed, as three banks increased their gold reserves by a ton or more, while there were no prominent sellers with the same scale in the available data.

He pointed out that "Iraq maintained its global position after it rose ten ranks last July after purchasing 34 tons of gold to rank 30 out of the 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.6% of the total gold reserves." other precautions.

The council stated that "the total gold reserves of the first five Arab countries, namely Saudi Arabia, Lebanon, Algeria, Iraq and Egypt, rose to 1,039 thousand tons as a result of Iraq and Egypt purchasing large quantities of the yellow metal."

Globally, the United States of America is still on the list with the largest possession of gold in the world, at 8133 tons, followed by Germany, 3,355 tons, then Italy, 2451 tons, while the Lao People’s Republic ranked 100 with 900 kilograms, preceded by the Republic of Cape Verde by one ton.

On June 27, last June, 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 is headquartered in the United Kingdom and has extensive experience and deep knowledge of the factors that cause market change. Its members consist of the largest and most advanced gold mining companies in the world.

[yota691]

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.

[yota691]

 

[screwball]

8 hours ago, yota691 said:

"The Chinese Central Bank bought 62.21 tons of gold in the last quarter of 2022,

thats what they bought...they are one of the largest gold producers in the world.

[screwball]

On 8/2/2021 at 3:03 AM, Longtimelurker said:

I think we are seeing the transfer of gold amongst countries to balance their currencies value. If all countries are going to be on a "level playing field" (Trump) and going to an asset backed currency, this makes sense.

100%

[Longtimelurker]

1 hour ago, screwball said:

100%

You went back 1.5 years for this post 😆

[horsesoldier]

3 hours ago, Longtimelurker said:

You went back 1.5 years for this post 😆

Yep...it's called "The Wayback Machine "...I've got one too. 😎

I know I'm a might tilted: you'd be too after 20 years in the Iraqi Twilight Zone.

[Longtimelurker]

2 hours ago, horsesoldier said:

Yep...it's called "The Wayback Machine "...I've got one too. 😎

I know I'm a might tilted: you'd be too after 20 years in the Iraqi Twilight Zone.

It's all good, Let's meet back here in 2025 👍

[horsesoldier]

8 hours ago, Longtimelurker said:

It's all good, Let's meet back here in 2025 👍

...or perhaps 2125 when they have their poop in group by then, I hope.