Gold prices remained largely stable in Baghdad on Wednesday, while recording a slight increase in Erbil, according to a market survey.
In Baghdad’s Al-Nahr Street gold market, the selling price of one mithqal (about five grams) of 21-carat Gulf, Turkish, and European gold reached 887,000 Iraqi dinars, while the buying price stood at 883,000 dinars. These prices were unchanged from the previous day.
Meanwhile, 21-carat Iraqi gold was sold at 857,000 dinars per mithqal, with a buying price of 853,000 dinars.
At retail jewelry stores across Baghdad, the price of 21-carat Gulf gold ranged between 890,000 and 900,000 dinars per mithqal. Iraqi gold was selling between 860,000 and 870,000 dinars, depending on the shop and craftsmanship.
In Erbil, gold prices moved slightly higher. A mithqal of 22-carat gold was priced at 940,000 dinars, while 21-carat gold reached 897,000 dinars. The price of 18-carat gold stood at 770,000 dinars per mithqal.
The latest figures show that gold prices continue to hold near recent highs, with only minor fluctuations between Baghdad and Erbil markets.
