Gold prices in Iraq showed slight upward movement in Baghdad markets on Sunday. Meanwhile, Erbil markets remained relatively stable throughout trading hours. Moreover, traders monitored supply levels and local demand closely. In addition, international market signals influenced buyer behavior across both cities.
In Baghdad, gold prices increased slightly on Al-Nahr Street. Sellers priced 21-carat gold at 1,030,000 IQD per mithqal. At the same time, they set the buying price at 1,026,000 IQD. Furthermore, 21-carat Iraqi gold reached 1,000,000 IQD for sale. Buyers paid around 996,000 IQD for purchases. As a result, Baghdad maintained a narrow trading margin.
Additionally, jewelry shops in Baghdad showed price variation across designs. 21-carat Gulf gold ranged between 1,030,000 and 1,040,000 IQD. Meanwhile, Iraqi gold stayed between 1,000,000 and 1,010,000 IQD. Moreover, craftsmanship and demand influenced pricing decisions. Consequently, traders adjusted rates carefully to match market activity.
In Erbil, gold prices in Iraq remained more stable compared to Baghdad. 22-carat gold sold at 1,079,000 IQD per mithqal. Similarly, 21-carat gold stayed at 1,030,000 IQD. In addition, 18-carat gold reached 883,000 IQD per mithqal. Therefore, Erbil markets maintained steady pricing during the day.
Furthermore, Erbil traders reported consistent buyer demand. However, price levels stayed higher than in Baghdad. Moreover, differences reflected local supply conditions and consumer preferences. In addition, currency stability supported market confidence. As a result, Erbil preserved stronger pricing levels.
Overall, gold prices in Iraq reflected mixed performance across regions. Baghdad showed mild increases, while Erbil remained steady. Furthermore, traders expect continued fluctuations in the coming days. Therefore, market participants will closely watch global gold trends. Ultimately, both cities continue to follow different but stable pricing paths.
