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Source: المشهد
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The price of a 21-karat gold per mithqal in Iraq remained stable at around 147,848 Iraqi dinars (equivalent to 113 US dollars) over the weekend, after closing higher in global markets, where the precious metal regained the $4,000 per ounce level in international trading. However, gold experienced a weekly loss of about 1% due to market fluctuations and weak local demand. The gold price in Iraq is expected to remain steady until trading resumes, amid anticipation of geopolitical developments and their potential impact on the market, especially given ongoing tensions between the United States and Iran and fluctuating expectations regarding U.S. interest rates.
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