Jordan Boosts Its Safe-Haven Gold Reserves

  • Hashemite Kingdom of Jordan
  • 24 April 2025
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The Central Bank of Jordan strengthened its reserves of the yellow metal, increasing by 506 million dinars to reach a total of 4.763 billion dinars at the end of February 2025 (dinar = 1.41 dollars).

According to central bank data, gold reserves rose from 4.257 billion dinars at the end of 2024 to 4.763 billion dinars by the end of the second month of this year. The amount of gold held rose from 2.304 million ounces to 2.318 million ounces during the same period.

The Central Bank of Jordan sold 105,000 ounces in February 2025 and then returned to buy 100,000 ounces, as these operations reflect a flexible strategy in managing cash reserves, including buying and selling gold according to the movement of global markets and the fact that gold is a safe haven to strengthen the pillars of the economy and build as many reserves as possible.

Source (Al-Araby Al-Jadeed Newspaper, Edited)

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