Gold prices stabilize in Baghdad, edge higher in Erbil Shafaq News

On Sunday, gold prices hovered around 940,000 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 939,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 935,000 IQD. The same gold had sold for 939,000 IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 909,000 IQD, with a buying price of 905,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 940,000 and 950,000 IQD, while Iraqi gold sold for between 910,000 and 920,000 IQD.

In Erbil, 22-carat gold was sold at 984,000 IQD per mithqal, 21-carat gold at 940,000 IQD, and 18-carat gold at 805,000 IQD.

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