Gold prices fall in Baghdad and Erbil

Shafaq News- Baghdad/ Erbil

On Thursday, gold prices hovered around 1 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 1,014,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,010,000 IQD. The same gold had sold for 1,036,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 984,000 IQD, while the buying price reached 980,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,015,000 and 1,025,000 IQD, while Iraqi gold sold for between 980,000 and 990,000 IQD.

In Erbil, 22-carat gold was sold at 1,071,000 IQD per mithqal, 21-carat gold at 1,023,000 IQD, and 18-carat gold at 876,000 IQD.