Gold costs fall in Baghdad and Erbil

by times news cr

2024-03-18T09:03:22+00:00

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/ On Monday, Iraqi and international gold costs recorded a decline within the native markets within the capital, Baghdad, and in Erbil, the capital of the Kurdistan Area.

Company correspondent stated that gold costs within the wholesale markets on Al-Nahr Road within the capital, Baghdad, recorded this morning, the promoting value of 1 mithqal of 21 karat Gulf, Turkish and European gold at 448 thousand dinars, and the acquisition value at 444 thousand dinars.

Our correspondent indicated that the promoting value of 1 mithqal of 21 carat Iraqi gold was recorded at 418 thousand dinars, and the acquisition value reached 414 thousand dinars.

Relating to gold costs in goldsmiths’ outlets, the promoting value of a 21-carat Gulf gold mithqal ranges between 450,000 and 460,000 dinars, whereas the promoting value of an Iraqi gold mithqal ranged between 420,000 and 430,000 dinars.

As for gold costs in Erbil, the Mithqal of 24 karat gold recorded a promoting value of 520 thousand dinars, a promoting value of twenty-two karat of 475 thousand dinars, a promoting value of 21 karat of 455 thousand dinars, and a promoting value of 18 karat of 390 thousand dinars.

One mithqal of gold is the same as 5 grams.

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