Gold prices fall in Baghdad and Erbil

Shafaq News- Baghdad/ Erbil

On Monday, gold prices hovered around 1.025 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.025 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.021 million IQD. The same gold had sold for 1.031 million IQD on Sunday.

The selling price for 21-carat Iraqi gold stood at 995,000 IQD, while the buying price reached 991,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.025 million and 1.035 million IQD, while Iraqi gold sold for between 995,000 and 1.005 million IQD.

In Erbil, 22-carat gold was sold at 1.060 million IQD per mithqal, 21-carat gold at 1.013 million IQD, and 18-carat gold at 867,000 IQD.