Baghdad, Iraq – Gold prices saw a slight decline on Saturday in both Baghdad and Erbil markets, reflecting fluctuations in local trading.
In Baghdad’s wholesale markets on Al-Nahr Street, the selling price for one mithqal (approximately five grams) of 21-carat Gulf, Turkish, and European gold was recorded at 608,000 IQD, with a buying price of 604,000 IQD. Meanwhile, the selling price for 21-carat Iraqi gold stood at 578,000 IQD, with a buying price of 574,000 IQD.
In jewelry shops across the capital, the price of 21-carat Gulf gold ranged between 610,000 and 620,000 IQD per mithqal, while 21-carat Iraqi gold was sold for prices between 500,000 and 510,000 IQD.
In Erbil, gold prices followed a similar trend. The selling price for 24-carat gold was 697,000 IQD per mithqal, while 21-carat gold stood at 610,000 IQD, and 18-carat gold was priced at 522,000 IQD.
Gold prices continue to fluctuate due to market demand and international trends, impacting local trading activities.
