Gold prices stabilize in Baghdad and Erbil markets

by times news cr

2024-01-09T07:41:11+00:00

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/ The prices of “foreign and Iraqi” gold stabilized in the local markets in the capital, Baghdad, and stabilized in Erbil, the capital of the Kurdistan Region, today, Tuesday, (January 9, 2023).

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

Our correspondent noted, “The selling price of one 21-karat Iraqi gold mithqal was recorded at 404 thousand dinars, and the purchase price reached 400 thousand dinars.”

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-karat Gulf gold mithqal ranges between 430,000 and 440,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 405,000 and 415,000 dinars.

As for gold prices in Erbil: The selling price of a weight of 24-karat gold was 510 thousand dinars, the selling price of 21-karat gold was 450 thousand dinars, and the selling price of 18-karat gold was 390 thousand dinars.

One mithqal of gold is equal to 5 grams.

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