Gold prices climb in Baghdad, steady in Erbil

Shafaq News/ On Wednesday, gold prices increased in Baghdad and remained stable in Erbil markets.

According to a survey by Shafaq News Agency, gold prices on Baghdad's Al-Nahr Street recorded a selling price of 567,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 563,000 IQD.

The selling price for 21-carat Iraqi gold was 537,000 IQD, with a buying price of 533,000 IQD.

The selling price per mithqal of 21-carat Gulf gold in jewelry stores ranged between 570,000 and 580,000 IQD, while Iraqi gold sold for between 540,000 and 550,000 IQD.

In Erbil, 24-carat gold was sold at 655,000 IQD per mithqal, 21-carat gold at 573,000 IQD, and 18-carat gold at 490,000 IQD.