Shafaq News- Baghdad/ Erbil

Gold prices declined Monday in Baghdad and Erbil markets, hovering below the million-dinar mark, according to a Shafaq News market survey.

On Baghdad's Al-Nahr Street, wholesale markets recorded a selling price of 980,000 IQD per mithqal (equivalent to five grams) for 21-carat Gulf, Turkish, and European gold, with a buying price of 976,000 IQD, down from 996,000 IQD the previous session.

Iraqi 21-carat gold sold at 950,000 IQD per mithqal, with a buying price of 946,000 IQD.

In jewelry stores, 21-carat Gulf gold ranged between 980,000 and 990,000 IQD per mithqal, while Iraqi gold sold between 950,000 and 960,000 IQD.

In Erbil, prices also fell, with 22-carat gold selling at 1.030 million IQD per mithqal, 21-carat at 982,000 IQD, and 18-carat at 842,000 IQD.