Among Them Is Iraq.. The Country That Bought The Most Gold In 10 Yea, 11 NOV
Among Them Is Iraq.. The Country That Bought The Most Gold In 10 Yea, 11 NOV
Among Them Is Iraq.. The Country That Bought The Most Gold In 10 Yea
Money and business Economy News - Follow-up Governments store thousands of tons of gold bullion in their vaults, as the precious metal is considered a safe haven. Iraq has become one of the most popular countries in the world in buying gold and boosting its reserves of the yellow metal.
The economic website "RBK" published a report, based on data from central banks around the world, the International Monetary Fund, the World Bank, and the World Gold Council, highlighting countries' purchases of the yellow metal from 2013 to 2023.
According to the report, central bank purchases in the world at the end of 2023 amounted to about 1,037 tons of gold, which is the second largest volume ever purchased on an annual basis.
The report showed that Russia, China and Turkey were at the forefront of gold buying countries during the mentioned period, as the three countries’ purchases amounted to 2,903 tons of the resonant yellow metal. https://economy-news.net/content.php?id=49703
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