BY: Dr. Hana Saada
Algiers, Algeria | February 9th, 2025 — Algeria has retained its position as the third-largest holder of gold reserves among Arab nations, according to the latest report issued by the World Gold Council. This reaffirmation of Algeria’s standing highlights the nation’s strategic approach to safeguarding economic stability through precious metal reserves, particularly amid global financial volatility.
Algeria’s Robust Gold Holdings
The report indicates that Algeria’s gold reserves remain substantial, standing at 173.6 metric tons, solidifying its place behind Saudi Arabia and Lebanon, which hold 323.1 metric tons and 286.8 metric tons, respectively. This ranking underscores Algeria’s long-standing policy of maintaining a significant stockpile of the precious metal, ensuring financial resilience in an era of heightened economic unpredictability.
Iraq follows in fourth place, while Libya, Egypt, and Qatar also feature prominently on the list, with reserves of 146.7 metric tons, 162.7 metric tons, and 110.8 metric tons, respectively. These figures reflect a broader trend among Arab nations that continue to prioritize gold as a key component of their monetary strategies.
Gold as a Safe Haven Amid Dollar Fluctuations
Gold remains one of the most sought-after safe-haven assets for both investors and governments, particularly in light of the turbulence affecting the U.S. dollar in recent years. With mounting concerns over inflation, geopolitical tensions, and shifts in global economic power, many governments have ramped up gold purchases to fortify their reserves.
Notably, economic powerhouses like China and Russia have significantly increased their gold acquisitions, a move that has contributed to the surge in global gold prices. The price of gold has now reached a record $2,887.6 per ounce, reflecting the heightened demand driven by fears of economic instability and the pursuit of alternative financial safeguards.
About Dzair Tube Media Group
Dzair Tube has firmly positioned itself as a leading force in Algerian digital journalism, delivering a rich and diverse array of content. Available in Arabic, French, and English, Dzair Tube captivates a broad audience, drawing over half a million daily clicks.
The platform’s excellence was notably recognized with the prestigious President of the Republic’s Award for Professional Journalist in the Electronic Press category on October 22, 2022. This accolade underscores Dzair Tube’s steadfast commitment to the highest journalistic standards.
Dzair Tube’s substantial online footprint includes 350,000 YouTube subscribers, over six million followers across various Facebook pages, and 450,000 Instagram followers. The digital channel serves as a nexus for a wide range of programming, spanning news, sports, entertainment, culture, and religion, catering to a diverse audience.
Boasting cutting-edge studios and advanced technology, Dzair Tube’s digital channel has attracted a significant viewership with its varied programs. It facilitates interactive discussions with key figures from various sectors, promoting public discourse and engagement. Beyond news, Dzair Tube excels in producing marketing documentaries, short TV commercials, and high-viewership shows.
The print edition of Dzair Tube’s sports newspaper, “Dzair Sport,” further attests to the platform’s influence, with over 50,000 daily downloads from the official Dzair Tube website.
Awarded the Media Leadership Award by the Minister of Communication, Mohamed Laâgab, Dzair Tube continues to shape the Algerian digital media landscape, maintaining its position of influence and impact. Additionally, Dzair Tube’s prominence in Algeria’s media scene was celebrated at the ninth edition of the “Hilals of the Television” competition, solidifying its status as a media leader.
Stay Connected with Dzair Tube
Stay informed with the latest news, programs, and updates from Dzair Tube. Visit www.dzair-tube.dz, and for the English version, go to www.dzair-tube.dz/en/. Join Dzair Tube’s dynamic community on social media platforms.
