Iraq gold prices remained stable across Baghdad and Erbil, with Baghdad rates near 860,000 dinars per mithqal. Traders on Baghdad’s Al-Nahr Street reported little movement across major 21-carat gold varieties. Meanwhile, buyers continued comparing imported gold with less expensive Iraqi products. The available rates showed no change from the previous trading period.
Al-Nahr Street dealers offered Gulf, Turkish, and European gold at 864,000 dinars per mithqal. Dealers paid 860,000 dinars when purchasing the same 21-carat varieties. Therefore, the buying and selling gap reached 4,000 dinars. This narrow spread reflected stable wholesale trading conditions across the capital.
Dealers priced 21-carat Iraqi gold below imported varieties. They asked 834,000 dinars for each mithqal of local gold. Meanwhile, they offered 830,000 dinars when purchasing the same amount. Consequently, local gold carried a 30,000-dinar discount against imported alternatives.
Jewelry shops placed 21-carat Gulf gold between 865,000 and 875,000 dinars per mithqal. Meanwhile, retailers priced Iraqi gold between 835,000 and 845,000 dinars. Both ranges maintained a consistent 30,000-dinar difference. Additionally, jewelry shop prices stood slightly above rates on Al-Nahr Street.
Erbil traders posted higher rates across several purity levels. They priced 22-carat gold at 915,000 dinars per mithqal. Additionally, 21-carat gold costs 874,000 dinars. Meanwhile, 18-carat gold reached 749,000 dinars per mithqal.
The Iraq gold prices revealed clear differences between Baghdad and Erbil. Erbil’s 21-carat rate exceeded Baghdad’s street selling price by 10,000 dinars. However, it remained inside the Baghdad jewelry stores’ Gulf gold range. This overlap showed similar retail conditions across both major markets.
Purity also created significant price gaps within Erbil. The 22-carat rate stood 41,000 dinars above the 21-carat price. Meanwhile, 21-carat gold costs 125,000 dinars more than 18-carat gold. Therefore, the total gap between 22-carat and 18-carat gold reached 166,000 dinars.
Each mithqal represents five grams of gold in the reported market figures. Therefore, imported 21-carat gold in Baghdad cost about 172,800 dinars per gram. Iraqi 21-carat gold costs roughly 166,800 dinars per gram. The comparison highlighted imported gold’s 6,000-dinar premium for each gram.
Both Baghdad street categories recorded identical 4,000-dinar trading gaps. Therefore, dealers maintained consistent margins across imported and Iraqi gold. Meanwhile, jewelry shops charged slightly more than Al-Nahr Street dealers. The available figures clearly showed this additional retail premium.
Stable rates gave customers a clear comparison between domestic and imported options. However, origin and purity continued to shape final prices. Baghdad offered several choices across street markets and jewelry stores. Meanwhile, Erbil displayed a wide price range between different purity levels.
The latest Iraq gold prices showed stability without eliminating regional differences. Baghdad’s street market maintained lower 21-carat rates than Erbil. However, Baghdad jewelry stores offered prices close to Erbil’s level. Nevertheless, both markets kept gold near their existing trading ranges.
Local gold prices often respond to global bullion values and exchange-rate movements. However, the reported figures showed little immediate disruption across either city. Buyers continued to face premiums for imported products and higher purity levels. Overall, Baghdad and Erbil maintained steady conditions across their gold markets.
