Iraq, Algeria, Egypt, Lebanon, and Saudi Arabia Have More than One Million Tons of Global Gold Reserves

Iraq and 4 Arab countries have more than one million tons of global gold reservesDec. 7“Iraq announced on June 27, 2022 the purchase of new quantities of gold by approximately (34) tons, an increase of 35% over what was in its possession, while in May it announced the purchase of 2.3 tons of gold.” The World Gold Council announced on Thursday that Iraq and 4 Arab countries have more than one million tons of global gold reserves. “Iraq, Algeria, Egypt, Lebanon and Saudi Arabia have reached their global gold reserves of one million, 28 thousand and four tons of precious metal,”…