Gold inches higher in Baghdad, remained stable in Erbil
Shafaq News/ Gold prices surged inthe markets of Baghdad while stabilized in Erbil, on Monday, September 30,2024.
According to a Shafaq News Agencysurvey, the wholesale gold prices on Al-Nahr Street in Baghdad recorded aselling price of 564,000 IQD for one mithqal (approximately five grams) of21-carat gold from Gulf, Turkish, and European sources, with a buying price of560,000 IQD.
The selling price for one mithqal ofIraqi gold (21-carat) was 524,000 IQD and the buying price was 520,000 IQD.
In retail gold shops, the sellingprice for one mithqal of 21-carat Gulf gold ranged between 565,000 and 575,000IQD, while Iraqi gold prices ranged between 525,000 and 530,000 IQD
In Erbil, 24-carat gold was sold for668,000 IQD, 22-carat for 612,000 IQD, 21-carat for 585,000 IQD, and 18-caratfor 500,000 IQD.
