Gold prices stabilize in Baghdad, edge lower in Erbil

Shafaq News- Baghdad/ Erbil

On Sunday, gold prices hovered around 980,000 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 985,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 981,000 IQD. The same gold had sold for 985,000 IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 955,000 IQD, with a buying price of 951,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 985,000 and 995,000 IQD, while Iraqi gold sold for between 955,000 and 965,000 IQD.

In Erbil, 22-carat gold was sold at 1,019,000 IQD per mithqal, 21-carat gold at 973,000 IQD, and 18-carat gold at 833,000 IQD.