Gold prices stabilize in Baghdad, edge lower in Erbil Shafaq News

Gold prices held steady in Baghdad and slipped slightly in Erbil on Sunday as the US dollar declined against the Iraqi dinar at the start of trading.

According to a Shafaq News market survey, 21-carat Gulf, Turkish, and European gold traded at 970,000 dinars per mithqal in Baghdad’s wholesale markets on al-Nahr Street, with a buy price of 966,000 dinars, unchanged from Saturday.

Iraqi 21-carat gold recorded a sell price of 940,000 dinars per mithqal and a buy price of 936,000 dinars.

In retail jewelry shops, 21-carat imported gold sold between 970,000 and 980,000 dinars per mithqal, while Iraqi gold ranged between 940,000 and 950,000 dinars.

In Erbil, gold prices declined slightly, with 22-carat gold selling at 1.014 million dinars per mithqal, 21-carat at 968,000 dinars, and 18-carat at 830,000 dinars.

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