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Gold prices remain stable in Iraq; 21-karat gold maintains its levels in Baghdad and Erbil.

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Gold prices remain stable in Iraq; 21-karat gold maintains its levels in Baghdad and Erbil.
Gold prices remain stable in Iraq; 21-karat gold maintains its levels in Baghdad and Erbil.

Gold prices remained stable on Sunday in both Baghdad and Erbil, with no major changes reported in local markets.

In Baghdad’s wholesale gold market on Al-Nahr Street, the selling price of one mithqal (about 4.5 grams) of 21-karat Gulf, Turkish, and European gold reached 937,000 Iraqi dinars, while the buying price stood at 933,000 dinars.

Meanwhile, Iraqi 21-karat gold was sold at 907,000 dinars per mithqal, with traders buying it at 903,000 dinars.

The steady prices reflect a balanced market, with both imported and locally produced gold maintaining their previous levels despite ongoing economic and regional developments.