For the fifth day in a row… gold prices stabilized in Baghdad and Erbil

by times news cr

2024-01-16T08:35:12+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, Tuesday, (January 16, 2023).

Agency correspondent said, “Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded this morning, the selling price of one 21-carat mithqal of Gulf, Turkish and European gold at 436 thousand dinars, and the purchase price at 432 thousand dinars.”

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 406 thousand dinars, and the purchase price reached 402 thousand dinars.

Regarding 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 ranges between 410,000 and 420,000 dinars.

As for gold prices in Erbil, the selling price of 24 karat gold sold for 510 thousand dinars, 22 karat sold for 470 thousand dinars, 21 karat sold for 450 thousand dinars, and 18 karat sold for 390 thousand dinars.

One mithqal of gold is equal to five grams.

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