Gold prices stabilize in Iraq markets as traders report steady conditions in both Baghdad and Erbil. Markets show minimal movement compared to previous sessions. Therefore, buyers and sellers continue trading within a narrow price range. Additionally, demand remains balanced across major jewelry centers.
In Baghdad, 21-carat gold holds steady at around 1,031,000 IQD per mithqal. Traders on Al-Nahr Street also set the buying price near 1,028,000 IQD. As a result, the gap between buying and selling remains small. Moreover, prices stay unchanged compared to the previous day.
Meanwhile, Iraqi 21-carat gold records slightly lower values. Sellers offer it at about 1,001,000 IQD per mithqal. Buyers respond to nearly 998,000 IQD. Consequently, trading continues without major fluctuations in the local market.
In addition, jewelry shops in Baghdad show consistent pricing trends. Gulf 21-carat gold ranges between 1,030,000 and 1,040,000 IQD. Iraqi gold trades between 1,000,000 and 1,010,000 IQD. Therefore, Baghdad’s market maintains stable and predictable activity throughout the day.
In Erbil, gold prices also remain steady across all categories. Traders sell 22-carat gold at about 1,071,000 IQD per mithqal. At the same time, 21-carat gold trades near 1,023,000 IQD. Furthermore, 18-carat gold reaches around 876,000 IQD.
Gold prices stabilize in Iraqi markets as Erbil mirrors Baghdad’s stable trend. Traders note that supply and demand stay in balance. Moreover, international gold movements show a limited impact on local pricing. As a result, markets avoid sharp swings.
Finally, gold prices stabilize in Iraqi markets as both cities maintain calm trading conditions. Buyers continue normal activity, and sellers avoid aggressive pricing changes. Therefore, analysts expect stability to continue in the short term.
