Gold prices climb in Baghdad, Erbil Shafaq News

Gold prices rose across Iraq on Tuesday, with both imported and locally refined gold climbing in wholesale and retail markets in Baghdad and Erbil.

According to a Shafaq News survey, traders in Baghdad’s al-Nahr Street wholesale market reported 830,000 IQD per mithqal for 21-carat Gulf, Turkish, and European gold, up from 814,000 IQD yesterday, with buying prices at 826,000 IQD. Iraqi-made 21-carat gold also increased, selling at 800,000 IQD per mithqal and buying at 796,000 IQD.

In Baghdad’s retail shops, 21-carat imported gold ranged between 830,000 and 840,000 IQD, while the Iraqi equivalent stood between 800,000 and 810,000 IQD.

Markets in Erbil recorded similar gains, with 22-carat gold selling at 880,000 IQD per mithqal, 21-carat at 840,000 IQD and 18-carat at 720,000 IQD.

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