Gold prices drop in Baghdad and Erbil markets
Shafaq News/ 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 556,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 552,000 IQD.
The selling price for 21-carat Iraqi gold was 526,000 IQD, with a buying price of 522,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 560,000 and 570,000 IQD, while Iraqi gold sold for between 530,000 and 540,000 IQD.
In Erbil, 24-carat gold was sold at 640,000 IQD per mithqal, 21-carat gold at 560,000 IQD, and 18-carat gold at 480,000 IQD.