Gold prices fall in Baghdad, Erbil markets Shafaq News

On Thursday, 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 880,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 876,000 IQD. The same gold had sold for 897,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 850,000 IQD, with a buying price of 846,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 880,000 and 890,000 IQD, while Iraqi gold sold for between 850,000 and 860,000 IQD.

In Erbil, 22-carat gold was sold at 934,000 IQD per mithqal, 21-carat gold at 891,000 IQD, and 18-carat gold at 764,000 IQD.

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