2024-07-01T08:11:24+00:00
Shafaq News/ Gold prices held steady in the markets of Baghdad and Erbil on Monday morning.
Our correspondent reported that wholesale gold prices in Al-Nahr Street for one mithqal (approximately 4.25 grams) of 21-carat Gulf, Turkish, and European gold reached 479,000 IQD for selling and 475,000 IQD for buying.
For Iraqi gold, the price for one mithqal of 21-carat gold was 449,000 IQD for selling and 445,000 IQD for buying.
In retail markets across Baghdad, the price for one mithqal of 21-carat Gulf gold ranged between 480,000 IQD and 490,000 IQD. Meanwhile, the price for one mithqal of 21-carat Iraqi gold ranged between 450,000 IQD and 460,000 IQD.
In Erbil, the selling price for 24-carat gold was 560,000 IQD per mithqal. The price for 21-carat gold was 490,000 IQD, and for 18-carat gold was 420,000 IQD per mithqal.
Additional Insight: Gold prices can fluctuate based on various factors such as global economic conditions, demand, and geopolitical events. It is essential for investors and consumers to stay updated on these factors to make informed decisions regarding gold purchases or investments.
