World Gold Council Reveals Iraq as the 7th Largest Buyer of Gold for 2023

World Gold Council reveals Iraq as 7th largest buyer of gold in 2023 February 4, 2024 The World Gold Council revealed on Saturday that Iraq, Libya, and Qatar are among the top 10 largest Arab countries to buy gold in 2023. Due to its status as a safe haven in times of geopolitical and economic instability, many countries are keeping up their gold reserves. The amount of gold purchased by central banks fell to 1,037.4 tons in 2023 from 1,081.9 tons in 2022, although it is still the second-highest amount in almost 55 years. With a total of 224.88 tons,…