Gold markets showed different movements across Iraq as Baghdad prices slipped and Erbil quotations remained steady. The Iraq gold prices report placed Baghdad’s imported 21-carat benchmark at 862,000 dinars per mithqal. Traders quoted a buying price of 858,000 dinars for the same gold. Meanwhile, Erbil dealers maintained their latest prices across several purity levels.
Baghdad’s 21-carat imported gold includes Gulf, Turkish, and European varieties. The selling quote fell from 864,000 dinars during the previous market session. Therefore, the benchmark declined by 2,000 dinars per mithqal. That movement represented a decrease of roughly 0.23%.
The difference between Baghdad’s buying and selling quotes reached 4,000 dinars. That spread showed the gap between traders’ purchase and selling prices. Moreover, the small decline kept imported gold near the 860,000-dinar level. However, buyers still faced different prices inside jewelry stores.
Baghdad traders priced 21-carat Iraqi gold below imported varieties. They offered local gold at 832,000 dinars and purchased it at 828,000 dinars. The buying-to-selling difference again reached 4,000 dinars per mithqal. Local gold, therefore, remained 30,000 dinars below the imported selling benchmark.
Jewelry shops quoted Gulf gold between 860,000 and 870,000 dinars per mithqal. Meanwhile, they priced Iraqi gold between 830,000 and 840,000 dinars. Both retail ranges covered a 10,000-dinar difference. Store location and individual pricing policies can influence the final customer quote.
The lower Gulf gold price stood 2,000 dinars below Al-Nahr Street’s benchmark. However, the upper price exceeded that benchmark by 8,000 dinars. Iraqi retail prices also surrounded the 832,000-dinar wholesale quote. These ranges showed that customers could encounter different prices across Baghdad.
One mithqal in this market equals five grams of gold. Therefore, Baghdad’s imported selling quote equaled about 172,400 dinars per gram. The corresponding buying quote equaled about 171,600 dinars per gram. These calculations help shoppers compare smaller gold quantities.
Iraqi 21-carat gold carried a selling value of about 166,400 dinars per gram. Its buying value reached approximately 165,600 dinars per gram. Consequently, imported varieties maintained a clear premium over local gold. The premium reached 6,000 dinars per gram at the selling level.
Erbil dealers quoted 22-carat gold at 915,000 dinars per mithqal. They priced 21-carat gold at 873,000 dinars. Meanwhile, 18-carat gold reached 749,000 dinars per mithqal. These quotations remained stable during the latest market update.
The Erbil figures showed clear price differences between purity levels. Twenty-two-carat gold costs 42,000 dinars more than 21-carat gold. Likewise, 21-carat gold exceeded the 18-carat price by 124,000 dinars. Higher gold content usually increases the price of each mithqal.
Erbil’s 22-carat quote equaled about 183,000 dinars per gram. The 21-carat quote equaled roughly 174,600 dinars per gram. Meanwhile, the 18-carat quote represented approximately 149,800 dinars per gram. These calculations reflect the reported five-gram mithqal measure.
The Iraq gold prices showed an 11,000-dinar gap between comparable 21-carat selling quotes. Erbil’s 873,000-dinar price exceeded Baghdad’s 862,000-dinar imported benchmark. However, each city follows its own supply, demand, and retail conditions. Therefore, customers should compare local quotations before completing a purchase.
Baghdad’s slight decline did not create a major change across the market. Imported gold continued trading close to its previous level. Moreover, Iraqi gold remained below imported varieties within every reported quotation. Erbil prices also showed no movement in the latest update.
Gold buyers often monitor both purity and origin before comparing final prices. In Baghdad, imported and Iraqi varieties carried visibly different market values. In Erbil, carat levels created the largest differences among reported prices. Consequently, shoppers need matching purity levels for accurate comparisons.
The latest Iraq gold prices reflected mild weakness in Baghdad and stability in Erbil. The Baghdad benchmark lost only 2,000 dinars from the previous session. Meanwhile, Erbil maintained firm quotations across 22-carat, 21-carat, and 18-carat gold. Overall, both markets stayed near their recent pricing levels.
