Gold prices stabilize in Baghdad, Erbil markets

Shafaq News – Baghdad / Erbil

On Monday, gold prices remained stable 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 735,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 731,000 IQD.

The selling price for 21-carat Iraqi gold was 705,000 IQD, with a buying price of 701,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 735,000 and 745,000 IQD, while Iraqi gold sold for between 705,000 and 715,000 IQD.

In Erbil, 22-carat gold was sold at 768,000 IQD per mithqal, 21-carat gold at 733,000 IQD, and 18-carat gold at 628,000 IQD.