Gold drops in Baghdad and Erbil
Shafaq News- Baghdad/ Erbil
On Saturday, gold prices fell in Baghdad and Erbil markets, hovering around 950,000 IQD per mithqal, according to a Shafaq News survey.
Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 946,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 942,000 IQD, down from 973,000 IQD on Thursday.
The selling price for 21-carat Iraqi gold stood at 916,000 IQD, while the buying price reached 912,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 950,000 and 960,000 IQD, while Iraqi gold sold for between 920,000 and 930,000 IQD.
In Erbil, 22-carat gold was sold at 1,000,000 IQD per mithqal, 21-carat gold at 955,000 IQD, and 18-carat gold at 820,000 IQD.