Iraq gold reserves rise by 4.76 percent during the first half of 2025. The increase comes as global gold prices continue to move upward. This trend gives Iraq stronger financial protection and greater economic stability.
The Eco Iraq Observatory confirmed that Iraq now holds 162 tons of gold. At the start of the year, each ton was valued at 105 million dollars. By the end of June, the price climbed to 110 million dollars. This steady growth explains the 4.76 percent rise in Iraq’s overall gold reserves.
The observatory stated that gold remains one of the most important tools for financial security. Countries use gold as a shield against uncertain market conditions. For Iraq, stronger reserves mean more power to manage global challenges.
Official data also shows the wider impact of this growth. In April, the Central Bank of Iraq recorded 22.492 trillion dinars in gold value. This figure marked a 5.62 percent increase compared with March. It also showed a 17.72 percent rise compared with December of the previous year.
The numbers highlight a major long-term climb. At the end of 2023, Iraq’s gold value stood at just 12.293 trillion dinars. Within less than two years, the total rose sharply. This progress reflects the effect of rising global gold prices and Iraq’s stronger financial policies.
Iraq’s foreign currency reserves also remain solid. By April, they reached 98.089 billion dollars. The inclusion of rising gold assets makes these reserves even more stable. Together, they protect Iraq from sudden changes in global markets.
The steady growth in Iraq gold reserves rise by 4.76 percent gives the country better options for the future. It reduces reliance on oil revenues, which often fluctuate. It also adds confidence for both domestic and foreign investors.
Overall, Iraq continues to strengthen its financial position. With more gold and solid reserves, the nation gains better tools to secure its economy against shocks.