Gold prices fall in Baghdad, Erbil markets

Shafaq News- Baghdad/ Erbil

On Thursday, gold prices hovered around 940,000 IQD per mithqal in Baghdad and Erbil markets, according to Shafaq News market survey.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 934,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 930,000 IQD. The same gold had sold for 948,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 904,000 IQD, with a buying price of 900,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 935,000 and 945,000 IQD, while Iraqi gold sold for between 905,000 and 915,000 IQD.

In Erbil, 22-carat gold was sold at 988,000 IQD per mithqal, 21-carat gold at 943,000 IQD, and 18-carat gold at 808,000 IQD.