Group items tagged

Most of the Asian countries have started their trade in Gold instead of other currencies since Iraq started international trade in gold. Some sources also say that Iraq is not accepting US dollars or any other currency for trade of oil and gas in the international market. Iraq is accepting gold for international trade as a currency. Actually Iraq is moving towards barter in the international trade.

Since Iraq and many other countries are thinking to trade through gold, other than US dollars or any other currency of the world, the gold prices to going to recover in the Asian markets and the dollar rate is also falling in these countries.

Iraqi Dinar 123 News:- Gold prices that were going high during the past few months suddenly fell on Wednesday. The gold prices in the Asian trade touched the highest level in the past two months. During the time of the last three months; the prices of silver fell down.