Iraq boosts its gold reserves to 162.5 tons

[RJG]

Iraq boosts its gold reserves to 162.5 tons

• Time: 2025/10/19 18:04:17
•  
• Reading: 120 times

  

{Economy: Al Furat News} Iraq continues to boost its gold reserves, with stored quantities increasing from 100 tons to 162.5 tons in recent years, according to an economic expert.

 

The useful summary... 

Expert Abdul Rahman Al-Mashhadani explained in a statement to Al-Furat News that: "Iraq continues to purchase gold to bolster its national reserves, although the quantities acquired remain limited compared to the ambitious plans to enhance financial stability."

He pointed out that "increasing gold reserves represents an important step towards strengthening the national economy and supporting financial liquidity, as well as being a strategic safety factor in the face of global market volatility."

Al-Mashhadani emphasized that "Iraq pays special attention to gold as part of its economic policy, as it is an important tool for diversifying assets and protecting reserves from potential economic and financial risks."

Raghad

 

https://alforatnews.iq/news/العراق-يعزز-احتياطياته-الذهبية-ويصل-إلى-162-5-طن

[Laid Back]

The Central Bank of Iraq's Deputy Governor stated in October 2025 that the reserves had reached 170 tons.
 

 

[Dinarrock]

1 hour ago, Laid Back said:

The Central Bank of Iraq's Deputy Governor stated in October 2025 that the reserves had reached 170 tons.
 

 

Where does the CBI get all this money to buy so much gold??? Seriously they are that profitable with toilet paper currency? Where do you think they actually store that much gold can’t be inside Iraq Maliki would have stolen it already??

[Laid Back]

17 hours ago, Dinarrock said:

Where does the CBI get all this money to buy so much gold??? Seriously they are that profitable with toilet paper currency? Where do you think they actually store that much gold can’t be inside Iraq Maliki would have stolen it already??

The money used for gold purchases is sourced from the large stream of foreign currency Iraq earns from exporting its crude oil. 
The CBI hold their official reserves in a mix of assets, including foreign currencies, government bonds, and gold..

[JonnyV]

18 minutes ago, Laid Back said:

The money used for gold purchases is sourced from the large stream of foreign currency Iraq earns from exporting its crude oil. 
The CBI hold their official reserves in a mix of assets, including foreign currencies, government bonds, and gold..

 

Looks like they are diversifying their assets to back an RV.

[southbeach]

3 hours ago, JonnyV said:

 

Looks like they are diversifying their assets to back an RV.

 

[screwball]

On 10/21/2025 at 1:53 AM, JonnyV said:

 

Looks like they are diversifying their assets to back an RV.

looks like that way..