Gold climbs in Baghdad, Erbil markets

Shafaq News/ On Tuesday, gold prices edged higher in Baghdad’s and Erbil’s markets.

According to a Shafaq News survey, Baghdad's wholesale markets on Al-Nahr Street registered a selling price per mithqal (approximately five grams) for 21-carat Gulf, Turkish, and European gold of 618,000 IQD, with a buying price of 614,000 IQD.

The selling price for one mithqal of 21-carat Iraqi gold was 588,000 IQD, with a buying price of 584,000 IQD.

In Baghdad’s jewelry shops, the selling price for 24-carat Gulf gold ranged between 705,000 and 647,000 IQD, while the selling price for 24-carat Iraqi gold ranged between 590,000 and 580,000 IQD.

In Erbil, the selling price for 24-carat gold was 705,000 IQD per mithqal, 21-carat gold was 618,000 IQD, and 18-carat gold was 539,000 IQD.