Gold prices continued to fall on Saturday in Baghdad and Erbil, with prices hovering around 930,000 Iraqi dinars per mithqal, according to a market survey by Shafaq News.
In Baghdad’s Al-Nahr Street market, 21-carat Gulf, Turkish, and European gold sold for 920,000 IQD per mithqal (five grams), while the buying price stood at 916,000 IQD. This was down from 940,000 IQD on Thursday.
Meanwhile, 21-carat Iraqi gold sold for 890,000 IQD per mithqal, with a buying price of 886,000 IQD.
At jewelry stores, 21-carat Gulf gold prices ranged between 920,000 and 930,000 IQD per mithqal. Iraqi gold was selling between 890,000 and 900,000 IQD.
In Erbil, 22-carat gold sold for around 987,000 IQD per mithqal, while 21-carat gold reached 943,000 IQD and 18-carat gold stood at 808,000 IQD.