Stable gold prices in Baghdad and Erbil

by times news cr

2024-01-11T08:25:54+00:00

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

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 weight of 21 karat Gulf, Turkish and European gold at 436 thousand dinars, and the purchase price at 432 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21 carat Iraqi gold was recorded at 406 thousand dinars, and the purchase price reached 402 thousand.

Regarding retail 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 ranges between 410,000 dinars and 420,000 dinars.

As for gold prices in Erbil, the selling price 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 equal to five grams.

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