Stability of gold costs in Baghdad and Kurdistan

by times news cr

2024-03-03T07:57:04+00:00

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/ International and Iraqi gold costs stabilized considerably within the native markets within the capital, Baghdad, and in Erbil, the capital of the Kurdistan Area, as we speak, Sunday.

Company correspondent stated that gold costs within the wholesale markets on Al-Nahr Road within the capital, Baghdad, recorded this morning a promoting value for one mithqal of 21 karat Gulf, Turkish and European gold of 439 thousand dinars, and a purchase order value of 435 thousand dinars.

Our correspondent indicated that the promoting value of 1 mithqal of 21 carat Iraqi gold was recorded at 409 thousand dinars, and the acquisition value reached 405 thousand.

Concerning particular person gold costs in goldsmiths’ retailers, the promoting value of a 21-carat Gulf gold mithqal ranges between 440,000 and 450,000 dinars, whereas the promoting value of an Iraqi gold mithqal ranged between 410,000 and 420,000 dinars.

As for gold costs in Erbil, the promoting value of 24 karat gold was 510 thousand dinars, 21 karat gold was 450 thousand dinars, and 18 karat gold was 390 thousand dinars.

One mithqal of gold is the same as 5 grams

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