Gold Prices Rise on Monday, Dollar Remains Relatively Stable

PUKMEDIA

Currency and Gold Prices

On Monday, 7 April 2025, gold prices in Iraq experienced an increase at the start of trading. The price of ounce of gold rose to $3,030, indicating a positive shift in the precious metals market. The local prices for gold were as follows:

One mithqal of 24-carat gold: 728,000 Iraqi dinars
One mithqal of 21-carat gold: 636,000 Iraqi dinars
One mithqal of 18-carat gold: 545,000 Iraqi dinars

Alongside the gold market, foreign currency exchange rates in Iraq also showed significant values at the start of trading. The current exchange rates are:

100 US dollars: 147,850 Iraqi dinars
100 euros: 159,500 Iraqi dinars
100 British pounds: 188,000 Iraqi dinars
100 US dollars equals 9,900,000 Iranian Tomans
100 US dollars equals 3,750 Turkish Liras
100 US dollars equals 1,000,000 Syrian Liras

These fluctuations reflect the ongoing changes in both the precious metals and currency markets, which are crucial to understanding Iraq's economic outlook at the start of the week.


PUKMEDIA