On Saturday, gold prices hovered around 950,000 IQD per mithqal in Baghdad and Erbil markets, according to a Shafaq News market survey.
At Baghdad’s Al-Nahr Street wholesale market, 21-carat Gulf, Turkish and European gold sold for 960,000 IQD per mithqal (equivalent to five grams) and was bought at 956,000 IQD, down from Thursday’s 970,000 IQD.
Iraqi 21-carat gold sold for 930,000 IQD per mithqal and was bought at 926,000 IQD.
At jewelry stores, 21-carat Gulf gold sold for between 960,000 and 970,000 IQD per mithqal, while Iraqi gold sold for between 930,000 and 940,000 IQD.
In Erbil, prices also fell. 22-carat gold sold for about 1.019 million IQD per mithqal, 21-carat for 974,000 IQD and 18-carat for 834,000 IQD.
