Gold Prices Stabilize and Dollar Rises in Iraqi Markets

Gold prices in local markets witnessed stability, coinciding with the continued rise of the US dollar exchange rate in the local market. The ounce of gold recorded $4,700. The selling prices of the mithqal in local markets came as follows: 18-carat mithqal at 857,000 dinars, 21-carat mithqal at one million dinars, 22-carat mithqal at 1.048 million dinars, and 24-carat mithqal at 1.143 million dinars. In a related context, the US dollar exchange rates continued to rise in the exchange offices and bureaus of the capital Baghdad. The dollar exchange rate recorded a selling price in Baghdad exchange shops of 154,500 dinars per $100, against a purchase price of 154,250 dinars. In Erbil, selling prices recorded 154,000 Iraqi dinars per $100, while the purchase price reached 153,500 Iraqi dinars. In Basra Governorate, dollar selling prices recorded 154,250 Iraqi dinars, while purchase prices recorded 153,750 Iraqi dinars per $100.