Gold trades higher in Baghdad, lower in Erbil

Shafaq News- Baghdad/ Erbil

On Tuesday, gold prices hovered around 985,000 IQD per mithqal 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 987,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 983,000 IQD. The same gold had sold for 985,000 IQD on Monday.

The selling price for 21-carat Iraqi gold stood at 957,000 IQD, while the buying price reached 953,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 990,000 and 1,000,000 IQD, while Iraqi gold sold for between 960,000 and 970,000 IQD.

In Erbil, 22-carat gold was sold at 1.025 million IQD per mithqal, 21-carat gold at 975,000 IQD, and 18-carat gold at 836,000 IQD.