Gold prices fall in Baghdad and Erbil Shafaq News

On Thursday, gold prices hovered around 860,000 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 861,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 857,000 IQD. The same gold had sold for 865,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 831,000 IQD, with a buying price of 827,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 860,000 and 870,000 IQD, while Iraqi gold sold for between 830,000 and 840,000 IQD.

In Erbil, 22-carat gold was sold at 908,000 IQD per mithqal, 21-carat gold at 867,000 IQD, and 18-carat gold at 743,000 IQD.

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