Gold Prices Rise in Baghdad’s Wholesale Markets
Gold prices observed an upward trend in Baghdad’s wholesale markets today, with significant activity reported along the River Tigris. The selling price for one weight of 21-carat gold from Gulf, Turkish, and European sources rose to 618,000 dinars, while the buying price reached 614,000 dinars.
In contrast, the selling price for one weight of 21-carat Iraqi gold was recorded at 588,000 dinars, with a buying rate of 584,000 dinars.
In the goldsmithing sector, the price for selling one weight of 24-carat Gulf gold varied within a range of 705,000 to 647,000 dinars. Meanwhile, the price for selling one weight of Iraqi gold fluctuated between 590,000 and 580,000 dinars.
| Gold Type | Selling Price (Dinars) | Buying Price (Dinars) |
|---|---|---|
| Gulf/Turkish/European 21-carat | 618,000 | 614,000 |
| Iraqi 21-carat | 588,000 | 584,000 |
| Gulf 24-carat | 705,000 – 647,000 | N/A |
| Iraqi Gold | 590,000 – 580,000 | N/A |
This price shift reflects the continued dynamics of the gold market in the region, as demand and supply fluctuate.
