Gold prices remain stable in Baghdad and Erbil Markets

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Gold prices remain stable in Baghdad and Erbil Markets
Gold prices remain stable in Baghdad and Erbil Markets

In Erbil, the capital of the Kurdistan Region, the stock market recorded a selling price of 153,600 dinars per 100 US dollars, with the purchase price slightly lower at 153,500 dinars.

As per a report from the Shafaq News agency, the wholesale gold markets situated along Al-Nahr Street in Baghdad maintained consistent prices during the morning trading session. The selling price of 21-carat Gulf, Turkish, and European gold remained stable at 405,000 Iraqi dinars, while the purchase price remained at 401,000 dinars, which is the same as the previous day’s prices on Sunday.

The prices of gold in Iraq have remained steady. The current selling price for a 21-carat weight is 375,000 dinars, while the purchase price is 371,000 dinars.

At the goldsmith shops, there were slight differences in the prices. The selling price of 21-carat Gulf gold ranged from 410,000 to 420,000 dinars, while Iraqi gold was priced between 380,000 and 390,000 dinars.

In Erbil, the market for gold has been stable with no fluctuations. The selling price for 24-karat gold has remained constant at 385,000 dinars. Additionally, the selling price for 21-karat gold has remained at 425,000 dinars while 18-karat gold has retained its value at 365,000 dinars.

Five grams is the equivalent of one mithqal of gold.

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