Gold prices flat in Baghdad, tick up in Erbil Shafaq News

Gold prices stabilized near 1.13 million IQD per mithqal in Baghdad on Saturday, while Erbil markets edged higher, with 21-carat gold rising by about 1,000 IQD per mithqal, according to a survey by Shafaq News Agency.

Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 1.130 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.126 million IQD, unchanged from Thursday.

The selling price for 21-carat Iraqi gold stood at 1.100 million IQD, while the buying price reached 1.096 million IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.130 million and 1.140 million IQD, while Iraqi gold sold for between 1.100 million and 1.110 million IQD.

In Erbil, 22-carat gold was sold at 1.188 million IQD per mithqal, 21-carat gold at 1.135 million IQD, and 18-carat gold at 973,000 IQD.