Gold prices slide in Baghdad, Erbil markets

Shafaq News – Baghdad / Erbil

On Wednesday, 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 816,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 812,000 IQD.

The selling price for 21-carat Iraqi gold was 786,000 IQD, with a buying price of 782,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 815,000 and 825,000 IQD, while Iraqi gold sold for between 785,000 and 795,000 IQD.

In Erbil, 22-carat gold was sold at 887,000 IQD per mithqal, 21-carat gold at 847,000 IQD, and 18-carat gold at 726,000 IQD.