Gold prices drop in Baghdad, climb in Erbil markets

Gold prices drop in Baghdad, climb in Erbil markets
2024-08-27T08:21:11+00:00

Shafaq News/ On Tuesday, gold prices edged lower in Baghdad while surging in Erbil markets.

According to a survey by Shafaq News Agency, gold prices on Baghdad's Al-Nahr Street recorded a selling price of 528,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 524,000 IQD.

The selling price for 21-carat Iraqi gold was 498,000 IQD, with a buying price of 494,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 530,000 and 540,000 IQD, while Iraqi gold sold for between 500,000 and 510,000 IQD.

In Erbil, 24-carat gold was sold at 610,000 IQD per mithqal, 21-carat gold at 535,000 IQD, and 18-carat gold at 460,000 IQD.

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