News In Brief
Libya ranks 33rd globally for possession of gold
July 19, 2020 - 11:36
Written by: RabiaGolden
Libya presently holds 33rd position in the world, in terms of countries possessing the most gold reserves, amounting to 116.6 tons, according to data of The World Gold Council, which is released annually in July.
The United States of America continues to hold the record on the list with the largest reserve of gold of 8133 tons, constituting 78% of the total world reserve, followed by Germany with an estimated reserve of 3336 tons, followed closely by the International Monetary Fund which has 2814 tons.