Gold drifts higher in Baghdad, drops in Erbil
Shafaq News / On Saturday, gold prices edged higher in Baghdad while dropping in Erbil markets.
Shafaq News Agency's correspondent reported that gold prices in Baghdad's Al-Nahr Street recorded a selling price of 499,000 IQD per mithqal (equals to five grams) of 21-carat gold, including Gulf, Turkish, and European gold, with a buying price of 495,000 IQD.
The selling price per mithqal of 21-carat Iraqi gold reached 469,000 IQD, with a buying price of 465,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 500,000 and 510,000 IQD, while the selling price of Iraqi gold fluctuated between 470,000 and 480,000 IQD.
In Erbil, a mithqal of 24-carat gold was sold at 577,000 IQD, 21-carat gold at 505,000 IQD, and 18-carat gold was sold at 433,000 IQD.