PM:02:10:20/12/2025
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Iraq’s gold reserves have exceeded 170 tons, reaching a total of 170.9 tons valued at approximately $23.64 billion, according to the Eco-Observatory.
In a statement, the observatory said Iraq purchased about 8.2 tons of gold in 2025, raising total reserves to their highest level in the country’s history. The increase included one ton in March, 1.6 tons in June, 3.1 tons in July, and 2.5 tons in August.
The Eco-Iraq Perspective said Iraq’s total gold reserves, now worth $23.64 billion, represent a strategic sovereign asset aimed at strengthening financial stability.
The observatory warned against any manipulation of gold reserves to cover budget deficits, whether through selling part of the holdings or investing them in high-risk ventures, stressing that gold reserves should not be used as a source of short-term income.