Gold prices fall in Baghdad, Erbil

Shafaq News- Baghdad/ Erbil

On Tuesday, gold prices hovered around 940,000 IQD per mithqal in Baghdad and Erbil markets, according to a Shafaq News market survey.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 945,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 941,000 IQD. The same gold had sold for 953,000 IQD on Monday.

The selling price for 21-carat Iraqi gold stood at 915,000 IQD, with a buying price of 911,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 945,000 and 955,000 IQD, while Iraqi gold sold for between 915,000 and 925,000 IQD.

In Erbil, 22-carat gold was sold at 986,000 IQD per mithqal, 21-carat gold at 942,000 IQD, and 18-carat gold at 807,000 IQD.