A slight decline in gold prices in Baghdad and stability in Erbil

by times news cr

2023-11-12T09:06:21+00:00

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/ The prices of Iraqi and foreign gold in the local markets in the capital, Baghdad, decreased slightly on Sunday, while they stabilized in Erbil, the capital of the Kurdistan Region.

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 mithqal of 21 carat of Gulf, Turkish and European gold amounting to 439 thousand dinars, and the purchase price of 435 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 409 thousand dinars, and the purchase price reached 405 thousand.

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 445,000 and 455,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 415,000 and 425,000 dinars.

As for gold prices in Erbil, the Mithqal of 24 karat gold recorded a selling price of 520 thousand dinars, 480 thousand dinars for 22 karat, 460 thousand dinars for 21 karat, and 18 karat selling price reached 400 thousand dinars.

One mithqal of gold is equal to five grams.

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