With the decline of the dollar, gold prices fall in Baghdad and stabilize in Erbil

by times news cr

2024-01-17T08:30:54+00:00

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/ The prices of Iraqi and foreign gold decreased in the local markets in Baghdad on Wednesday, while they witnessed stability 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 a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 429 thousand dinars, and a purchase price of 425 thousand dinars.

Our correspondent indicated that the selling price of one mithqal of 21-karat Iraqi gold was recorded at 399 thousand dinars, and the purchase price was 395 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 430,000 and 440,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 400,000 and 410,000 dinars.

As for gold prices in Erbil, the selling price of a 24-karat gold mithqal was 510,000 dinars, 470,000 dinars for 22-karat, 450,000 dinars for 21-karat, and 390,000 dinars for 18-karat.

One mithqal of gold is equal to five grams.

The dollar price fell this morning, Wednesday, in the markets of Baghdad and in Erbil, the capital of the Kurdistan Region.

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