Gold prices fall in Baghdad and Erbil Shafaq News

On Sunday, gold prices hovered around 850,000 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 852,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 848,000 IQD. The same gold had sold for 856,000 IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 822,000 IQD, with a buying price of 818,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 850,000 and 860,000 IQD, while Iraqi gold sold for between 820,000 and 830,000 IQD.

In Erbil, 22-carat gold was sold at 894,000 IQD per mithqal, 21-carat gold at 855,000 IQD, and 18-carat gold at 732,000 IQD.

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