Gold prices fall in Baghdad and Erbil markets
Shafaq News– Baghdad/ Erbil
On Monday, gold prices hovered around one million IQD per mithqal in Baghdad and Erbil markets, marking a sharp decline from the previous session, according to a survey by Shafaq News Agency.
Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 970,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 965,000 IQD. The same gold had sold for 997,000 IQD on Sunday.
The selling price for 21-carat Iraqi gold stood at 940,000 IQD, while the buying price reached 936,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 970,000 and 980,000 IQD, while Iraqi gold sold for between 940,000 and 950,000 IQD.
In Erbil, 22-carat gold was sold at 1.059 million IQD per mithqal, 21-carat gold at 1.012 million IQD, and 18-carat gold at 865,000 IQD.
