Gold prices stabilized in Baghdad surge in Erbil

Shafaq News/ Gold prices stabilized in the local markets in Baghdad, while they rose in Erbil, on Sunday.

Our correspondent reported that gold prices in the wholesale markets on Al-Nahr Street in Baghdad recorded this morning a selling price per mithqal (equals five grams) of 21-carat Gulf, Turkish, and European gold at 432,000 IQD, with a buying price of 428,000 IQD.

The selling price per mithqal of 21-carat Iraqi gold was recorded at 402,000 IQD, while the buying price reached 398,000 IQD.

Regarding gold prices in jewelry stores, the selling price of 21-carat Gulf gold ranges between 435,000 and 445,000 IQD, while the selling price of Iraqi gold ranges between 405,000 and 415,000 IQD.

As for gold prices in Erbil, the selling price per mithqal of 24-carat gold was 505,000 IQD, 21-carat gold was sold at 445,000 IQD, and 18-carat gold was sold at 385,000 IQD.