Gold prices stabilize in Baghdad and Erbil

by times news cr

2024-01-24T08:41:41+00:00

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/ The prices of Iraqi and foreign gold stabilized on Wednesday in the local markets in the capital, Baghdad, and 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 426 thousand dinars, and a purchase price of 422 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21-karat Iraqi gold was recorded at 392 thousand dinars, and the purchase price was 388 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 430,000 and 440,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 400,000 and 410,000 dinars.

As for gold prices in Erbil, the selling price of a 24-karat gold mithqal was 503 thousand dinars, the selling price of a 21-karat gold was 443 thousand dinars, and the selling price of an 18-karat gold was 383 thousand dinars.

One mithqal of gold is equal to five grams.

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