Today, October 14, during nighttime transactions, gold prices in Iraq decreased for all karat weights.
As of today’s trading, Friday, the decrease in the price of the yellow metal on the international gold markets coincided with the decline in gold prices in the Iraqi market.
According to the website dedicated to tracking gold prices, the price of gold in Iraq today dropped from 78. 219 thousand dinars to 77. 535 thousand dinars (53. 10 dollars).
And the price of the 21 pieces of gold that sold the best in the Arab gold market was around 67,845 thousand dinars (46. 46 dollars).
While the 14-caliber gold calibre in Iraq recorded today’s evening trades at 45. 229 dinars, the 18-carat gold recorded at 58. 152 thousand dinars (39. 83 dollars) (30. 97 dollars).
An ounce of gold cost 2. 411 million Iraqi dinars, or about 1651 USD, while a pound of gold cost 542, 760 thousand dinars (371. 71 dollars).
In response to the potential for a major hike in US interest rates by the federal government, gold prices declined during Friday’s trade.
The price of gold metal futures for December 2022 delivery dropped by 0. 54% to $ 1668 per ounce.
The price of yellow gold for immediate delivery decreased by 0. 17% to $166.60 per ounce.
The gold prices ended on Thursday’s trading, after a volatile session, after the issuance of US inflation data.
At $ 18. 82 per ounce, the price of silver futures dropped by 0. 52%.
Palladium’s price dropped by 0. 23% to $ 2112. 14 per ounce, while the instant platinum price rose by 0. 21% to $905. 13 per ounce.
The price of alloys has decreased for international purchasers as a result of the dollar index, which gauges the value of the US dollar.
The returns of US Treasury bonds also declined for 10 years from their highest level in 14 years, which they recorded on Thursday..
Today’s nighttime transactions in Iraq show a decline in gold prices.
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