Gold steadies in Baghdad, edges lower in Erbil

Gold steadies in Baghdad, edges lower in Erbil
2026-05-03T08:47:45+00:00

Shafaq News- Baghdad/ Erbil

On Sunday, gold prices hovered around one million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 996,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 992,000 IQD, unchanged from Saturday.

The selling price for 21-carat Iraqi gold stood at 966,000 IQD, while the buying price reached 962,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 995,000 and 1.005 million IQD, while Iraqi gold sold for between 965,000 and 975,000 IQD.

In Erbil, 22-carat gold was sold at 1.039 million IQD per mithqal, 21-carat gold at 992,000 IQD, and 18-carat gold at 850,000 IQD.

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