Gold prices fall in Baghdad and Erbil

Shafaq News- Baghdad/ Erbil

On Thursday, gold prices hovered around 1,000,000 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 995,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 991,000 IQD. The same gold had sold for 1,008,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 965,000 IQD, with a buying price of 961,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 995,000 and 1,005,000 IQD, while Iraqi gold sold for between 965,000 and 975,000 IQD.

In Erbil, 22-carat gold was sold at 1,032,000 IQD per mithqal, 21-carat gold at 985,000 IQD, and 18-carat gold at 845,000 IQD.