Gold rises in Baghdad and Erbil

by times news cr

2024-04-03T08:49:06+00:00

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/ Foreign and Iraqi gold prices rose in the local markets in the capital, Baghdad, and in Erbil, the capital of the Kurdistan Region, today, Wednesday.

Agency correspondent said that gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded this morning, the selling price of one mithqal of 21 karat Gulf, Turkish and European gold at 470 thousand dinars, and the purchase price at 466 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 440 thousand dinars, and the purchase price reached 436 thousand.

Regarding retail gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 475,000 and 485,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 445,000 and 455,000 dinars.

As for gold prices in Erbil, the selling price of 24 karat gold sold for 540 thousand dinars, 22 karat sold for 495 thousand dinars, 21 karat sold for 475 thousand dinars, and 18 karat sold for 410 thousand dinars.

One mithqal of gold is equal to five grams

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