Stability in gold prices in Baghdad and Erbil

by times news cr

2024-01-01T09:25:05+00:00

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/ Iraqi and foreign gold prices recorded a decline, on Monday, in the local markets in the capital, Baghdad, and in 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, the selling price of one mithqal of 21 karat Gulf, Turkish and European gold at 439 thousand dinars, and the purchase price at 435 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 409 thousand dinars, and the purchase price reached 405 thousand dinars.

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 440,000 and 450,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 410,000 dinars and 420,000 dinars.

As for gold prices in Erbil, the Mithqal of 24 karat gold recorded a selling price of 510 thousand dinars, a selling price of 22 karat of 470 thousand dinars, a selling price of 21 karat of 450 thousand dinars, and a selling price of 18 karat of 390 thousand dinars.

One mithqal of gold is equal to five grams.

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