Wed. Nov 6th, 2024

The World Gold Council has reportedly confirmed that Libya, Iraq, and Qatar are among the top 10 Arab countries buying the precious metal in 2023.

Reports attributed this to the fact that gold serves as a safe haven in times of geopolitical and economic instability, which makes many countries maintain their reserves of it.

Libya reportedly bought 30 tonnes and 100 kilograms of precious metal last year.

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