Gold prices tick up in Baghdad and Erbil Shafaq News

On Saturday, gold prices hovered around 1.09 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 1.085 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.081 million IQD. Prices had closed at 1.073 million IQD on Thursday.

The selling price for 21-carat Iraqi gold stood at 1.055 million IQD, while the buying price reached 1.051 million IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.085 million and 1.095 million IQD, while Iraqi gold sold for between 1.055 million and 1.065 million IQD.

In Erbil, 22-carat gold was sold at 1.163 million IQD per mithqal, 21-carat gold at 1.110 million IQD, and 18-carat gold at 952,000 IQD.