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Gold prices drop in Baghdad, stabilize in Erbil

Shafaq News 2026/07/16 12:28

Shafaq News- Baghdad/ Erbil

On Thursday, gold prices edged slightly lower in Baghdadmarkets, while stabilized in Erbil, hovering around 860,000 IQD per mithqal,according to Shafaq News market survey.

Gold prices on Baghdad's Al-Nahr Street recorded a sellingprice of 862,000 IQD per mithqal (equivalent to five grams) for 21-carat gold,including Gulf, Turkish, and European varieties, with a buying price of 858,000IQD. The same gold had sold for 864,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 832,000 IQD,with a buying price of 828,000 IQD.

In jewelry stores, 21-carat Gulf gold ranged between 860,000and 870,000 IQD per mithqal, while Iraqi gold sold for between 830,000 and840,000 IQD.

In Erbil, 22-carat gold was sold at 915,000 IQD per mithqal,21-carat gold at 873,000 IQD, and 18-carat gold at 749,000 IQD.

Read full story at source (Shafaq News)