Gold prices drop in Baghdad, Erbil
Shafaq News – Baghdad / Erbil
On Saturday, gold prices edged lower in Baghdad and Erbil markets.
According to a survey by Shafaq News Agency, gold prices on Baghdad's Al-Nahr Street recorded a selling price of 792,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 788,000 IQD.
The selling price for 21-carat Iraqi gold was 762,000 IQD, with a buying price of 758,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 795,000 and 805,000 IQD, while Iraqi gold sold for between 765,000 and 775,000 IQD.
In Erbil, 22-carat gold was sold at 865,000 IQD per mithqal, 21-carat gold at 825,000 IQD, and 18-carat gold at 707,000 IQD.