Gold prices gain in Baghdad and Erbil Shafaq News

On Tuesday, gold prices hovered around 1.12 million IQD per mithqal in Baghdad and Erbil markets, marking an increase from the previous session, according to a survey by Shafaq News Agency.

Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 1.120 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.116 million IQD. Prices had closed at 1.104 million IQD on Monday.

The selling price for 21-carat Iraqi gold stood at 1.090 million IQD, while the buying price reached 1.086 million IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.120 million and 1.130 million IQD, while Iraqi gold sold for between 1.090 million and 1.100 million IQD.

In Erbil, 22-carat gold was sold at 1.178 million IQD per mithqal, 21-carat gold at 1.125 million IQD, and 18-carat gold at 965,000 IQD.