Gold prices rise in Baghdad, stabilize in Erbil markets

Shafaq News – Baghdad / Erbil

On Monday, gold prices edged higher in Baghdad, while remaining stable in Erbil markets.

According to a survey by Shafaq News Agency, gold prices on Baghdad's Al-Nahr Street recorded a selling price of 814,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 810,000 IQD.

The selling price for 21-carat Iraqi gold was 784,000 IQD, with a buying price of 780,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 815,000 and 820,000 IQD, while Iraqi gold sold for between 780,000 and 790,000 IQD.

In Erbil, 22-carat gold was sold at 857,000 IQD per mithqal, 21-carat gold at 818,000 IQD, and 18-carat gold at 700,000 IQD.