Gold stabilizes in Baghdad and declines in Erbil

by times news cr

2023-11-14T08:36:30+00:00

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/ Foreign and Iraqi gold prices stabilized in the local markets in the capital, Baghdad, and decreased in Erbil, the capital of the Kurdistan Region, today, Tuesday.

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price of 21 karat gold from Gulf, Turkish and European gold at 431 thousand dinars, and a purchase price of 427 thousand dinars, according to Agency correspondent.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 401 thousand dinars, and the purchase price reached 397 thousand dinars.

Regarding retail gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 435 thousand and 445 thousand dinars, while the selling price of an Iraqi gold mithqal ranges between 405 thousand and 415 thousand dinars.

As for gold prices in Erbil, the selling price of 24 karat gold was recorded at 505 thousand dinars, 21 karat gold was recorded at 445 thousand dinars, and 18 karat gold was sold at 385 thousand dinars.

One mithqal of gold is equal to five grams

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