Gold prices rise in Baghdad and stabilize in Erbil

by times news cr

2024-01-31T08:47:29+00:00

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/ The prices of Iraqi and foreign gold rose in the local markets in the capital, Baghdad, on Wednesday, while prices stabilized in Erbil, the capital of the Kurdistan Region.

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 437 thousand dinars, and a purchase price of 433 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21-karat Iraqi gold was recorded at 407 thousand dinars, and the purchase price was 403 thousand.

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 405,000 and 415,000 dinars.

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

One mithqal of gold is equal to five grams.

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