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    Home»GULF»Saudi has the largest gold reserves in the Arab world
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    Saudi has the largest gold reserves in the Arab world

    News DeskBy News DeskJuly 11, 2019Updated:July 11, 2019No Comments1 Min Read
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    Saudi Arabia topped the Arab world and ranked 16th worldwide for the largest gold reserves, with 323 tonnes. Gold Reserves in Saudi Arabia remained unchanged at 323.10 tonnes in the second quarter of 2019 from 323.10 tonnes in the first quarter of 2019. They are ranked 7th in Asia. They are followed in the Arab region by Lebanon (286.80 tonnes), Algeria (173.60); Libya (116.60); Iraq (96.30) and Kuwait (79).

    Other Arab countries cited in the list are: Jordan (43.50); Qatar (37.50); Syria (25.80); Morocco (22.10); UAE (7.50); Tunisia (6.80); Bahrain (4.70); Yemen (1.60) and Oman (0.02 tons). The USA topped the world with the largest gold reserves (8,133.5), followed by Germany (3,367.90), Italy (2,451.80), Russia (2,119.20) and China (1,864.30)

     

     

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