Iraq raises its gold reserves by 8 tons in 2025

Wed Dec 03 2025

The World Gold Council revealed on Wednesday that Iraq increased its gold reserves by more than eight tons in 2025. According to recent figures, Iraq purchased 8.2 tons of gold between March and August 2025, increasing its gold holdings to 170.9 tons, Shafaq News reported.

Iraq bought one ton of gold in March, 1.6 tons in June, 3.1 tons in July, and 2.5 tons in August, according to the World Gold Council.

Last week, the Central Bank of Iraq (CBI) announced it is developing a plan to increase Iraq’s gold holdings in the near future.

Member of the CBI’s media office, Alaa al-Fahd, told the state-run news agency (INA) that Iraq’s gold holdings are adequate and well-maintained, surpassing 160 tons.

Central banks around the world were the key drivers of gold demand in the third quarter of 2025, expanding their purchases after a slowdown in the two previous quarters.

Iraq’s gold reserves represent the country’s continued efforts to diversify its foreign reserves while also improving long-term financial and monetary stability.

The World Gold Council, which has offices in India, China, Singapore, the United Arab Emirates, and the United States in addition to its headquarters in London, seeks to leverage market expansion to sustain and raise demand for gold.

Source: https://www.iraqinews.com/