Including Iraq.. The most buying countries for gold in 10 years, 12 NOV
Including Iraq.. The most buying countries for gold in 10 years, 12 NOV
Including Iraq.. The most buying countries for gold in 10 years
Economy News – Follow-up
Governments are storing thousands of tons of gold bars in their vaults, as the precious metal is a safe haven. Iraq has become among the most tulling countries in the world to buy gold and strengthen 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, which highlighted countries’ purchases of the yellow metal from 2013 to 2023.
According to the report, central banks in the world’s purchases at the end of 2023 amounted to about 1037 tons of gold, which is the second largest volume purchased on an annual basis ever.
The report showed that Russia, China and Turkey were at the forefront of gold purchases in the said period, with the three countries’ purchases of 2,903 tons of resonant yellow.
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Added 2024/11/11 – 2:34 PM
https://economy-news.net/content.php?id=49703
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