Gold prices fall in Baghdad and stabilize in Erbil

by times news cr

2024-02-01T08:44:15+00:00

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/ The prices of “foreign and Iraqi” gold decreased in the local markets in the capital, Baghdad, and stabilized in Erbil, the capital of the Kurdistan Region, today, Thursday, (February 1, 2023).

Agency correspondent said that gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded this morning a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 434 thousand dinars, and a purchase price of 430 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21-karat Iraqi gold was recorded at 404 thousand dinars, and the purchase price was 400 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 435,000 and 445,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 405,000 and 415,000 dinars.

As for gold prices in Erbil, the selling price of a mithqal of 24-karat gold was recorded at 505 thousand dinars, 22-karat gold was sold at 465 thousand dinars, 21-karat gold was sold at 445 thousand dinars, and 18-karat gold was sold at 385 thousand dinars.

One mithqal of gold is equal to five grams.

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