Gold prices stabilize in Baghdad, Erbil markets

Shafaq News/ On Thursday, gold prices remained stable in Baghdad and Erbil markets despite a surge in dollar exchange rates.

According to a survey by Shafaq News Agency, gold prices on Baghdad's Al-Nahr Street recorded a selling price of 529,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 525,000 IQD.

The selling price for 21-carat Iraqi gold was 499,000 IQD, with a buying price of 495,000 IQD.

The selling price per mithqal of 21-carat ulf gold in jewelry stores ranged between 530,000 and 540,000 IQD, while Iraqi gold sold for between 500,000 and 510,000 IQD.

In Erbil, 24-carat gold was sold at 605,000 IQD per mithqal, 21-carat gold at 530,000 IQD, and 18-carat gold at 455,000 IQD.