Baghdad, Iraq- Iraq’s gold reserves have seen a significant increase, according to the latest data for March from the World Gold Council (WGC). The country’s gold holdings rose from 152.7 tons last month, now accounting for 13.6% of its total reserves.
With this increase, Iraq has secured the 28th position globally out of 100 listed countries and ranks fourth among Arab nations, following Saudi Arabia, Lebanon, and Algeria.
Globally, the United States remains the largest holder of gold reserves with 8,133 tons, followed by Germany with 3,351 tons and Italy with 2,451 tons. On the opposite end of the spectrum, Iceland holds the smallest reserves with just 2 tonsof gold.