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GOLD RESERVES

Lebanon’s gold reserves value increases by $1 billion in two weeks

Since the end of 2019, the 70-percent hike in value is attributed to the increase in gold prices across international markets.

Lebanon’s gold reserves value increases by $1 billion in two weeks

Gold Plates. (Credit: val-eric-go/Bigstock).

BEIRUT — The latest balance sheet published by the Banque Du Liban reportedly showed the value of the country’s gold reserves to have gone up by $1 billion, from $24.7 billion in mid-January to $25.7 billion on Jan. 31.At just $15 billion by the end...
BEIRUT — The latest balance sheet published by the Banque Du Liban reportedly showed the value of the country’s gold reserves to have gone up by $1 billion, from $24.7 billion in mid-January to $25.7 billion on Jan. 31.At just $15 billion by the end...