Central Bank Reserve of Gold Up 37%

Gold bullions and tokkens - (Archives)
Gold bullions and tokkens - (Archives)

اضافة اعلان

AMMAN —AlGhad— The Central Bank of Jordan (CBJ)’s overall reserve of gold has increased by 36.6 per cent, from JOD1.078 billion in 2016 to JOD1.473 billion in 2017, according to CBJ’s annual bulletin.

In 2017, the CBJ’s reserve of gold has increased by 20.4 per cent to 1.595 million ounces from 1.325 million ounces in the end of 2016.

Overall, the Central Bank has acquired 270 thousand ounces of gold.

It is expected that gold prices will exceed the USD1,500 barrier in 2018 for the first time since the global gold market collapsed in 2013.