Gold prices drop in Baghdad, hold ground in Erbil
Shafaq News – Baghdad/Erbil
On Sunday, gold prices fell in Baghdad, while remaining stable in Erbil markets.
A survey by Shafaq News Agency recorded a selling price of 657,000 IQD per mithqal (equivalent to five grams) for 21-carat gold on Baghdad’s Al-Nahr Street, covering Gulf, Turkish, and European varieties, with a buying price of 653,000 IQD.
The selling price for 21-carat Iraqi gold was 627,000 IQD, with a buying price of 623,000 IQD.
The selling price per mithqal of 21-carat Gulf gold in jewelry stores ranged between 660,000 and 670,000 IQD, while Iraqi gold sold for between 630,000 and 640,000 IQD.
In Erbil, 21-carat gold was sold at 658,000 IQD per mithqal, and 18-carat gold at 564,000 IQD.