Gold prices retreat across Baghdad, Erbil
Shafaq News- Baghdad/ Erbil
On Tuesday, gold prices fell in Baghdad and Erbil markets, hovering around 960,000 IQD per mithqal, according to a Shafaq News survey.
Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 965,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 961,000 IQD. The same gold sold for 970,000 IQD on Monday.
The selling price for 21-carat Iraqi gold stood at 935,000 IQD, while the buying price reached 931,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 965,000 and 975,000 IQD, while Iraqi gold sold for between 935,000 and 945,000 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 818,000 IQD.