Iraq Economic News and Points to Ponder Thursday Evening 4-3-25
Al-Mashhadani And The US Chargé d'Affaires Affirm The Importance Of Strengthening And Developing Bilateral Relations
Thursday, April 3, 2025| Politics Number of readings: 110 Baghdad / NINA / Speaker of Parliament Dr. Mahmoud Al-Mashhadani and the Chargé d'Affaires of the United States Ambassador to Iraq Daniel Rubinstein stressed the importance of strengthening and developing bilateral relations.
A statement by Al-Mashhadani's media office said that the Speaker of Parliament received today the Chargé d'Affaires of the United States Ambassador to Iraq Daniel Rubinstein, who extended his congratulations to the Speaker of Parliament on the occasion of Eid Al-Fitr, wishing well for Muslims and Iraq on this occasion.
According to the statement, the meeting dealt with emphasizing ways to strengthen and develop bilateral relations between the two countries in the political and economic files and developing investment to serve the interests of the two countries.
The meeting also discussed the security situation and the importance of stability in Iraq, and its reflection on the upcoming parliamentary elections, which the political blocs are preparing to participate in. /End https://ninanews.com/Website/News/Details?key=1195487
The Yellow Metal Soars And Renews Its All-Time High
Money and Business Economy News - Follow-up The price of gold futures for June 2025 delivery on the Comex (a division of the New York Mercantile Exchange) hit an all-time high on April 2, 2025.
Data available from the trading platform indicates that the price of an ounce of gold has risen above $3,200.
By 23:29 Moscow time on April 2, the price of gold had risen 1.12% to $3,201.6 per ounce. By 07:00 Moscow time on April 3, the price of gold had slowed to $3,171.5 per ounce (up 0.02%).
Gold prices, a precious metal long considered a safe haven during times of economic and geopolitical instability, continue their steady upward trend, reaching new highs in the markets.
Meanwhile, the price of Brent crude futures for June 2025 delivery on the London ICE Futures Exchange fell 0.12% to $73.28 per barrel. The price of West Texas Intermediate crude futures for May 2025 delivery fell 0.06% to $70.03 per barrel. https://economy-news.net/content.php?id=54048
World Gold Council: 29% of central banks plan to purchase gold by 2025
Economy gold buying countries 2025-04-01 00:20 Shafaq News/ The World Gold Council confirmed on Tuesday that 29% of countries' central banks intend to purchase the precious metal in 2025. The council said in a report seen by Shafaq News Agency that
"29% of countries' central banks intend to purchase gold during the current year," noting that
"the purchases are due to the
desire to restore balance to a more strategic level in these reserves,
financial market concerns,
as well as the
increased risks of crises and
rising inflation." He added that
"gold continues to attract the attention of central banks as a reserve asset," noting that
"increasingly complex geopolitical and financial factors make managing gold reserves more important than ever."
He pointed out that "central banks added
1,037 tons of gold in 2023, the second-highest annual purchases in history, after setting a record of
1,082 tons in 2022."
Iraq has gold reserves of 162.7 tons,
ranking 28th among countries with the highest reserves of the precious metal.
https://shafaq.com/ar/اقتصـاد/المجلس-العالمي-29-من-البنوك-المركزية-للدول-تعتزم-شرا-الذهب-العام-2025
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
