Gold prices stabilize in Baghdad and Erbil with the decline of the dollar

by times news cr

2024-02-24T08:10:13+00:00

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/ The prices of “foreign and Iraqi” gold stabilized in the local markets in the capital, Baghdad, and in Erbil, the capital of the Kurdistan Region, today, Saturday, (February 24, 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 432 thousand dinars, and a purchase price of 428 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21-karat Iraqi gold was recorded at 402 thousand dinars, and the purchase price was 398 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 503 thousand dinars, 21 karat gold was sold at 443 thousand dinars, and 18 karat gold was sold at 383 thousand dinars.

One mithqal of gold is equal to five grams.

The dollar price fell today, Saturday, in the markets of Baghdad and in Erbil, the capital of the Kurdistan Region.

Agency correspondent said that the dollar prices decreased with the opening of Al-Kifah and Al-Harithiya stock exchanges to record 151,950 Iraqi dinars for every 100 dollars, while the prices last Thursday were 152,300 dinars for every 100 dollars.

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