Gold prices drop in Baghdad, stabilize in Erbil
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Shafaq News/ On Monday, gold prices edged lower in Baghdad while remaining stable in Erbil markets.
Shafaq News Agency’s correspondent reported that gold prices in Baghdad’s Al-Nahr Street recorded a selling price of 516,000 IQD per mithqal (equals to five grams) of 21-carat gold, including Gulf, Turkish, and European gold, with a buying price of 512,000 IQD.
The selling price per mithqal of 21-carat Iraqi gold reached 486,000 IQD, with a buying price of 482,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 520,000 and 525,000 IQD, while the selling price of Iraqi gold fluctuated between 490,000 and 500,000 IQD.
In Erbil, a mithqal of 24-carat gold was sold at 588,000 IQD, 21-carat gold at 515,000 IQD, and 18-carat gold was sold at 440,000 IQD.