Economy Insights – Baghdad
On Thursday, Iraqi and international gold prices experienced a significant rise in the local markets of Baghdad, marking an unprecedented moment for traders and investors alike.
In the wholesale markets at the River Enterprise in Baghdad, the selling price for a weight of 21-carat Gulf, Turkish, and European gold was set at 605,000 dinars, with the purchase price at 601,000 dinars this morning.
The price for one weight of 21-carat Iraqi gold was recorded at 575,000 dinars for sale, while the purchase price stood at 571,000 dinars.
When evaluating goldsmith stores, the selling price of 21-carat Gulf gold weights ranged from 605,000 dinars to 615,000 dinars, whereas the selling price for Iraqi gold weights varied from 575,000 to 585,000 dinars.
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