Gold Prices Stabilize and Dollar Rises in Iraqi Local Markets

Gold prices in local markets witnessed stability, coinciding with the continued rise of the dollar exchange rate in the local market. An ounce of gold recorded $4,700. The selling prices of the mithqal in local markets came as follows: 18-carat mithqal: 857,000 dinars, 21-carat mithqal: 1,000,000 dinars, 22-carat mithqal: 1,048,000 dinars, 24-carat mithqal: 1,143,000 dinars. The US dollar exchange rates continued to rise in the Baghdad stock exchange and exchange offices, where the selling price reached 154,500 dinars per 100 dollars, compared to 154,250 dinars for the purchase price. In Erbil, selling prices recorded 154,000 dinars per 100 dollars, while the purchase price reached 153,500 dinars. In Basra Governorate, dollar selling prices recorded 154,250 dinars, while purchase prices recorded 153,750 dinars per 100 dollars.