Gold prices fell slightly in Baghdad’s local markets on Sunday, while prices increased in Erbil.
In Baghdad’s Al-Nahr Street wholesale market, the selling price of one mithqal (about 4.5 grams) of 21-karat Gulf, Turkish, and European gold reached 944,000 Iraqi dinars, while the buying price was 940,000 dinars.
Iraqi 21-karat gold was selling for 914,000 dinars per mithqal, with a buying price of 910,000 dinars.
At gold shops in Baghdad, 21-karat Gulf gold prices ranged from 945,000 to 955,000 dinars per mithqal. Iraqi 21-karat gold ranged from 915,000 to 925,000 dinars.
In Erbil, the selling price of one mithqal of 22-karat gold reached around 1,003,000 dinars. Meanwhile, 21-karat gold sold for approximately 958,000 dinars, and 18-karat gold for around 821,000 dinars.