Gold prices in Iraq markets showed mixed movements on Sunday across Baghdad and Erbil. Traders followed daily updates closely as prices shifted during active sessions. Moreover, buyers reacted quickly to small changes in demand. As a result, market activity stayed steady in both cities.
In Baghdad, gold prices increased slightly on Al-Nahr Street. 21-carat gold from Gulf, Turkish, and European origins reached 1,046,000 IQD per mithqal. Buyers paid 1,042,000 IQD per mithqal during trading hours. Compared with Saturday, prices rose from 1,041,000 IQD. Therefore, the market reflected mild upward pressure in the capital.
Additionally, Iraqi 21-carat gold traded at 1,016,000 IQD per mithqal. Buyers purchased it at around 1,012,000 IQD. Jewelry shops also adjusted prices throughout the day. They sold Gulf gold between 1,045,000 and 1,055,000 IQD. Meanwhile, Iraqi gold ranged from 1,015,000 to 1,025,000 IQD. Consequently, retail demand remained stable across Baghdad markets.
In Erbil, gold prices stayed more stable compared to Baghdad. 22-carat gold sold at 1,085,000 IQD per mithqal. 21-carat gold reached 1,035,000 IQD. In addition, 18-carat gold traded at 887,000 IQD. Traders kept prices steady throughout the day. Thus, the market showed calmer movement in Erbil.
The comparison between the two cities highlighted clear differences. Baghdad experienced slight increases, while Erbil maintained consistent levels. Moreover, currency stability influenced buying decisions in both regions. Global gold trends also shaped local sentiment. Therefore, traders adjusted expectations carefully.
Furthermore, seasonal demand supported steady retail activity. Many buyers chose gold as a long-term savings option. In addition, retailers reported consistent customer flow during peak hours. This helped maintain balance in trading conditions. Traders expect similar stability in the coming sessions.
Overall, prices stayed near the one-million IQD mark. Buyers tracked movements before making decisions. Market confidence remained cautious but steady across both cities.
