2024-05-26T09:10:24+00:00
Shafaq News / Gold prices remained stable in Baghdad and Erbil, on Sunday, May 26, 2024.
Our correspondent reported that gold prices in Baghdad’s Al-Nahar Street recorded a selling price of 474,000 IQD per mithqal (equals to five grams) for 21-carat Gulf, Turkish, and European gold, with a buying price of 470,000 IQD.
The selling price per mithqal for 21-carat Iraqi gold was 444,000 IQD, while the buying price reached 440,000 IQD.
Regarding gold prices at jewelry stores, the selling price for 21-carat Gulf gold ranged between 475,000 and 485,000 IQD, while the selling price for 21-carat Iraqi gold ranged from 445,000 to 455,000 IQD.
In Erbil, the selling price per mithqal for 24-carat gold was 550,000 IQD, 480,000 IQD for 21-carat gold, and 410,000 IQD for 18-carat gold.
Insight:
It’s important for investors and individuals interested in gold to monitor gold prices across different regions to make informed decisions. Factors like international trends, geopolitical events, and economic indicators can influence gold prices. Additionally, understanding the purity of gold (measured in carats) and local market dynamics can help in determining the value of gold in specific areas.
