Low gold prices in Baghdad and stability in Erbil
Shafaq News/ "Foreign and Iraqi" gold prices decreased in the local markets in the capital, Baghdad, while they stabilized in the markets of Erbil, the capital of Kurdistan Region, today, Wednesday.
Shafak News Agency reporter 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 of Gulf, Turkish and European gold amounted to 368 thousand dinars, and the purchase price was 364 thousand, while the selling prices for yesterday were 370 One thousand dinars for one weight.
Our correspondent indicated that the selling price of one 21-carat weight of Iraqi gold also decreased at 328 thousand dinars, and the purchase price reached 324 thousand.
With regard to gold prices in the jewelers’ shops, the price of selling a weight of Gulf 21-carat gold ranges between 370 thousand and 380 thousand dinars, while the selling price ranged from an Iraqi gold weight between 330 thousand and 340 thousand dinars.
In Erbil, gold prices witnessed stability in its markets, as the selling price of a 24 karat gold weight amounted to 425 thousand dinars, a 22 karat gold weight of 390 thousand dinars, a 21 karat gold weight of 380 thousand, and an 18 karat gold weight of 320 thousand.
It is equal to one mithqal of gold (five grams).
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