Home Gold Knowledge Gold Prices Rise Slightly in Baghdad, Stable in Erbil Markets

Gold Prices Rise Slightly in Baghdad, Stable in Erbil Markets

by Darren

On Wednesday, gold prices in Baghdad saw a slight increase, while prices in Erbil remained stable, according to a survey conducted by Shafaq News Agency.

In Baghdad’s Al-Nahr Street market, the selling price for 21 carat gold—including Gulf, Turkish, and European varieties—was recorded at 659,000 Iraqi dinars (IQD) per mithqal (equivalent to five grams), with the buying price at 655,000 IQD.

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For 21-carat Iraqi gold specifically, sellers offered it at 629,000 IQD per mithqal, while buyers paid 625,000 IQD.

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Jewelry shops in Baghdad reported selling prices for 21 carat Gulf gold ranging between 660,000 and 670,000 IQD per mithqal. Meanwhile, Iraqi gold sold in stores ranged from 630,000 to 640,000 IQD per mithqal.

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In the Erbil market, prices remained steady, with 22 carat gold priced at 685,000 IQD per mithqal, 21 carat gold at 655,000 IQD, and 18-carat gold at 560,000 IQD.

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