Stability in gold prices in Baghdad and Erbil

by times news cr

2023-11-05T08:17:30+00:00

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/ The prices of “foreign and Iraqi” gold stabilized in the local markets in the capital, Baghdad, and Erbil, the capital of the Kurdistan Region, today, Sunday (November 5, 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 carat of Gulf, Turkish and European gold at 411 thousand dinars, and the purchase price at 407 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 381 thousand dinars, and the purchase price reached 377 thousand.

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 415,000 and 425,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 385,000 and 395,000 dinars.

As for gold prices in Erbil, the selling price of 24 karat gold was 523 thousand dinars, 21 karat gold was 463 thousand dinars, and 18 karat gold was 403 thousand dinars.

One mithqal of gold is equal to five grams.

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