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Gold prices decline in Baghdad, Erbil markets

Shafaq News 2026/07/11 12:46

Shafaq News- Baghdad/ Erbil

On Saturday, gold prices hovered around 890,000 IQD permithqal in Baghdad and Erbil markets, according to Shafaq News market survey.

Gold prices on Baghdad's Al-Nahr Street recorded a sellingprice of 884,000 IQD per mithqal (equivalent to five grams) for 21-carat gold,including Gulf, Turkish, and European varieties, with a buying price of 881,000IQD. The same gold had sold for 887,000 IQD on Thursday.

The selling price for 21-carat Iraqi gold stood at 854,000IQD, with a buying price of 851,000 IQD.

In jewelry stores, the selling price per mithqal of21-carat Gulf gold ranged between 885,000 and 895,000 IQD, while Iraqi goldsold for between 855,000 and 865,000 IQD.

In Erbil, 22-carat gold was sold at 940,000 IQD permithqal, 21-carat gold at 897,000 IQD, and 18-carat gold at 770,000 IQD.

Read full story at source (Shafaq News)