Value of Gold in Reserve Up 9%

تم نشره في Tue 18 July / Jul 2017. 12:00 AM
  • Gold Bullions at the Central Bank of Jordan (CBJ) - (AlGhad)

AMMAN —AlGhad— The Central Bank of Jordan (CBJ)’s reserves of gold have grown in value by JOD97.6 million, approximately 9 per cent, in the first half of the year, H1-2017, compared to the closing figures of 2016.

By June, 2017, the value of gold in reserve stood at JOD1.176 billion, compared to JOD1.078 billion, by the end of last year.

In terms of quantity, the gold in reserve stands at 1.3 million ounces, around 42.7 tonnes, up slightly 0.01 per cent, from last year’s reserves.

Since the beginning of the year, the Central bank has bought around 194 ounces of gold.

Meanwhile, the Central Bank’s reserves of foreign currency has declined by 7.3 per cent, in H1-2017, to JOD11.22 billion, compared to JOD12.11 billion, in 2016.