An increase in gold prices in Baghdad and Erbil

by times news cr

2023-11-18T08:51:52+00:00

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/ Foreign and Iraqi gold prices rose in the local markets in the capital, Baghdad, and in Erbil, the capital of the Kurdistan Region, today, Saturday.

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 at 439 thousand dinars, and the purchase price at 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 retail gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 440,000 and 450,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 410,000 and 420,000 dinars.

As for gold prices in Erbil, the selling price of 24 karat gold sold for 508 thousand dinars, 22 karat sold for 468 thousand dinars, 21 karat sold for 448 thousand dinars, and 18 karat sold for 388 thousand dinars.

One mithqal of gold is equal to five grams.

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