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The price of a Miskal of 21-karat gold in Iraq today remained stable at around 151,292 Dinar (115 USD), after a weekly loss of 1.5%. This decline comes amid a global downturn linked to rising oil prices and inflation concerns. Globally, the price of gold fell to approximately $4,102 per ounce, with expectations that it will continue to decline locally as weekly trading resumes, especially given the potential escalation of military tensions and anticipated US interest rate hikes.
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