Gold prices edge higher in Baghdad, Erbil

Shafaq News / On Monday, gold prices rose in Baghdad and Erbil markets.

Our correspondent reported that gold prices in Baghdad’s Al-Nahr Street recorded a selling price of 490,000 IQD per mithqal (equals to five grams) of 21-carat gold, including Gulf, Turkish, and European gold, with a buying price of 494,000 IQD.

The selling price per mithqal of 21-carat Iraqi gold reached 460,000 IQD, with a buying price of 464,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 495,000 and 505,000 IQD, while the selling price of Iraqi gold fluctuated between 465,000 and 475,000 IQD.

In Erbil, a mithqal of 24-carat gold was sold at 560,000 IQD, 21-carat gold at 495,000 IQD, and 18-carat gold was sold at 430,000 IQD.