Gold prices remain stable in Baghdad while rising in Erbil

Shafaq News/ Gold prices in the local markets in Baghdad remained stable on Tuesday, while prices increased in Erbil, the capital of the Kurdistan Region.

According to Shafaq News agency report, the selling price of one 21-carat weight of Gulf, Turkish, and European gold in wholesale markets in Al-Nahr Street in Baghdad was 392,000 dinars, while the purchase price was 388,000 dinars.

The prices remained the same as the previous day.

The selling price of one 21-carat weight of Iraqi gold also stabilized at 362,000 dinars, with the purchase price reaching 358,000 dinars.

Meanwhile, in Erbil, the price of 24-carat gold increased to 465,000 dinars, while 22-carat gold sold for 430,000 dinars, 21-carat for 410,000 dinars, and 18-carat for 350,000 dinars.

One mithqal of gold equals five grams.