Gold costs stabilize in Baghdad and Erbil along with the decline of the greenback

by times news cr

2024-03-16T07:49:26+00:00

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/ The costs of “international and Iraqi” gold stabilized within the native markets within the capital, Baghdad, and in Erbil, the capital of the Kurdistan Area, as we speak, Saturday (March 16, 2023).

Company correspondent mentioned that gold costs within the wholesale markets on Al-Nahr Road within the capital, Baghdad, recorded this morning, the promoting worth of 1 weight of 21 carat of Gulf, Turkish and European gold at 452 thousand dinars, and the acquisition worth at 448 thousand dinars.

Our correspondent indicated that the promoting worth of 1 mithqal of 21 carat Iraqi gold was recorded at 422 thousand dinars, and the acquisition worth reached 418 thousand.

Concerning gold costs in goldsmiths’ retailers, the promoting worth of a 21-carat Gulf gold mithqal ranges between 455,000 and 466,000 dinars, whereas the promoting worth of an Iraqi gold mithqal ranges between 425,000 and 435,000 dinars.

As for gold costs in Erbil, the promoting worth of 24 karat gold was 525 thousand dinars, 21 karat gold was 460 thousand dinars, and 18 karat gold was 395 thousand dinars.

One mithqal of gold is the same as 5 grams.

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