Stability in Gold Prices in Baghdad’s Local Market
As of Monday, the prices of both foreign and Iraqi gold in Baghdad’s local market have remained stable, matching the figures observed yesterday. In the wholesale markets at the River Evidence, the price for one unit of 21-carat Gulf, Turkish, and European gold has been recorded at 584,000 dinars for sales, with a purchasing price of 580,000 dinars.
For Iraqi gold, the selling price for a weight of 21-carat gold stands at 554,000 dinars, while the purchase price is at 550,000 dinars.
Retail Pricing in Goldsmiths’ Stores
In the retail sector, goldsmiths’ stores are offering 21-carat Gulf gold at selling prices that range between 585,000 and 595,000 dinars. The price for Iraqi gold in these stores varies between 555,000 and 565,000 dinars.
This stability in gold pricing reflects the ongoing dynamics within the local market, indicating resilience amid fluctuating economic conditions.
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Gold Type | Selling Price (Dinars) | Purchasing Price (Dinars) |
---|---|---|
21-carat Gulf Gold | 584,000 | 580,000 |
21-carat Iraqi Gold | 554,000 | 550,000 |
Goldsmiths’ Gulf Gold | 585,000 – 595,000 | |
Goldsmiths’ Iraqi Gold | 555,000 – 565,000 |
This organized overview of current gold prices in Baghdad serves as a useful reference for market participants and investors alike who are monitoring trends in the gold market.