Gold prices decline in Baghdad, Erbil markets Shafaq News

On Saturday, gold prices hovered around 890,000 IQD per mithqal in Baghdad and Erbil markets, according to Shafaq News market survey.

Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 884,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 881,000 IQD. The same gold had sold for 887,000 IQD on Thursday.

The selling price for 21-carat Iraqi gold stood at 854,000 IQD, with a buying price of 851,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 885,000 and 895,000 IQD, while Iraqi gold sold for between 855,000 and 865,000 IQD.

In Erbil, 22-carat gold was sold at 940,000 IQD per mithqal, 21-carat gold at 897,000 IQD, and 18-carat gold at 770,000 IQD.

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