Ranked the 16 globally to 322.90 tons, followed by Lebanon and Algeria
Saudi Arabia led the Arab states of the royal stock of gold reserves of the World Gold Council to 322.90 tons, equivalent to 3.30 of the Central Bank reserves, making the Kingdom come in ranked 16th in the world.
According to statistics issued by the World Gold Council and the countries of the world are classified according to ownership of gold stocks, that are owned by the Arab countries as a whole of 1174 tonnes of gold, or about 3.8% of the world's reserves of the metal, according to Forbes Arabia.
This was followed by Saudi Arab Lebanon reserves of 286 tonnes and 173 tons Algeria, Libya, followed by 143 tons, and Kuwait, which came in ranked 36 globally by 79 tons, and came after Kuwait Syria and then Egypt and then Morocco, Jordan and Qatar in order.
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