Gold Prices Climb in Baghdad and Erbil Markets

Gold prices in Iraq continued their upward trajectory on Monday, reaching approximately 940,000 Iraqi dinars (IQD) per mithqal in both Baghdad and Erbil markets, according to a Shafaq News survey.

In Baghdad's Al-Nahr Street, 21-carat gold from Gulf, Turkish, and European origins sold for 935,000 IQD per mithqal, with a buying price of 931,000 IQD. This marked an increase from Sunday's selling price of 922,000 IQD. Meanwhile, Iraqi 21-carat gold was priced at 905,000 IQD for selling and 901,000 IQD for buying.

Jewelry stores in Baghdad reported selling prices for 21-carat Gulf gold ranging from 935,000 to 945,000 IQD per mithqal, while Iraqi gold was sold between 905,000 and 915,000 IQD.

In Erbil, 22-carat gold was sold at 990,000 IQD per mithqal, 21-carat gold at 946,000 IQD, and 18-carat gold at 811,000 IQD.