Gold prices decline in Erbil and stabilize in Baghdad

by time news

2024-01-27T08:17:19+00:00

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/ The prices of “foreign and Iraqi” gold stabilized in the local markets in the capital, Baghdad, and decreased in Erbil, the capital of the Kurdistan Region, today, Saturday, (January 27, 2023).

Agency correspondent said that gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded this morning, the selling price of one weight of 21 karat Gulf, Turkish and European gold at 424 thousand dinars, and the purchase price at 420 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 394 thousand dinars, and the purchase price reached 390 thousand.

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-karat Gulf gold mithqal ranges between 425,000 and 435,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 395,000 and 405,000 dinars.

As for gold prices in Erbil, the selling price of 24 karat gold sold for 500 thousand dinars, 22 karat sold for 460 thousand dinars, 21 karat sold for 440 thousand dinars, and 18 karat sold for 380 thousand dinars.

One mithqal of gold is equal to five grams

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