CommoditiesEconomy

Gold Prices Surge in Baghdad: Latest Market Updates

External Transfers Dominate 91% of Iraq's Central Bank Sales

Economy News – Baghdad

Gold prices for both foreign and Iraqi varieties experienced a notable increase in Baghdad’s local markets today, February 18, 2025.

In the wholesale markets along the River Evidence of the capital, the price for one weight of 21-carat Gulf, Turkish, and European gold has reached 613,000 dinars for sales, while the purchase price stands at 609,000 dinars.

In contrast, the selling price for one weight of 21-carat Iraqi gold is set at 583,000 dinars, with a corresponding purchase price of 579,000 dinars.

When examining the prices within local goldsmith stores, the selling price for 21-carat Gulf gold ranges between 615,000 and 625,000 dinars, whereas the price for Iraqi gold fluctuates between 585,000 and 595,000 dinars.

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