Notable Rise in Gold and Dollar Prices in Iraqi Markets in Tandem with the Global Surge

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Notable Rise in Gold and Dollar Prices in Iraqi Markets in Tandem with the Global Surge

rafidainscope - Financial and precious metal markets in Iraq have recorded new record levels, influenced by a significant global surge where the ounce of gold reached unprecedented levels at $4454. Locally, gold prices witnessed a notable increase, with a mithqal of 21-carat recording 955,000 dinars, 18-carat reaching 820,000 dinars, while 22-carat reached one million dinars, and 24-carat hit 1.091 million dinars. In the currency market, the exchange rate of the US dollar stabilized at 154,000 Iraqi dinars per 100 dollars in the markets of the capital, Baghdad, and the Kurdistan Region provinces.