Gold prices surge in Baghdad and Erbil markets Shafaq News

On Sunday, gold prices jumped sharply in Baghdad and Erbil markets, rising well above 1.155 million IQD per mithqal, according to a survey by Shafaq News Agency.

Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 1.157 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.153 million IQD, compared with 1.150 million IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 1.127 million IQD, while the buying price reached 1.123 million IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.160 million and 1.170 million IQD, while Iraqi gold sold for between 1.130 million and 1.140 million IQD.

In Erbil, 22-carat gold was sold at 1.230 million IQD per mithqal, 21-carat gold at 1.175 million IQD, and 18-carat gold at 1.007 million IQD.