Gold prices rise in Baghdad and Erbil

by times news cr

2024-02-03T08:36:33+00:00

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/ The prices of “foreign and Iraqi” gold rose in the local markets in the capital, Baghdad, and Erbil, the capital of the Kurdistan Region, today, Saturday, (February 3, 2023).

Agency correspondent said, “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 436 thousand dinars, and a purchase price of 432 thousand dinars.”

Our correspondent pointed out that “the selling price of one mithqal of 21-karat Iraqi gold was recorded at 406 thousand dinars, and the purchase price was 402 thousand dinars.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 440,000 and 450,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 410,000 and 420,000 dinars.

As for gold prices in Erbil, the selling price of a mithqal of 24-karat gold was recorded at 507 thousand dinars, 22-karat gold was sold at 467 thousand dinars, 21-karat gold was sold at 447 thousand dinars, and 18-karat gold was sold at 387 thousand dinars.

One mithqal of gold is equal to five grams.

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