Stability of gold prices in Baghdad and Erbil

by times news cr

2024-03-31T09:08:08+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, Sunday, (April 1, 2024).

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 21-carat mithqal of Gulf, Turkish and European gold at 462 thousand dinars, and the purchase price at 458 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 432 thousand dinars, and the purchase price reached 428 thousand.

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 465,000 and 475,000 dinars, while the selling price of an Iraqi gold mithqal ranged between 435,000 and 445,000 dinars.

As for gold prices in Erbil, the selling price of 24 karat gold was recorded at 530 thousand dinars, 21 karat gold sold at 465 thousand dinars, and 18 karat gold sold at 400 thousand dinars.

One mithqal of gold is equal to five grams.

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