Iraqi gold hits record high in Baghdad and Erbil
Shafaq News/ On Saturday, goldprices climbed in both Baghdad and Erbil to over 600,000 IQD per mithqal inlocal markets for the first time in Iraq’s history.
According to a Shafaq News survey,Baghdad's wholesale markets on Al-Nahr Street registered a selling price permithqal (approximately five grams) for 21-carat Gulf, Turkish, and Europeangold of 595,000 IQD, with a buying price of 591,000 IQD.
The selling price for one mithqal of21-carat Iraqi gold was 565,000 IQD, with a buying price of 561,000 IQD.
In Baghdad’s jewelry shops, theselling price for 21-carat Gulf gold ranged between 595,000 and 605,000 IQD,while the selling price for 21-carat Iraqi gold ranged between 565,000 and575,000 IQD.
In Erbil, the selling price for24-carat gold was 672,000 IQD per mithqal, 21-carat gold was 588,000 IQD, and18-carat gold was 504,000 IQD.
