Gold stabilizes in Baghdad, drifts higher in Erbil
Shafaq News / On Wednesday, gold prices remainedstable in Baghdad and climbed in Erbil markets.
Shafaq News Agency's correspondent reported thatgold prices in Baghdad's Al-Nahr Street recorded a selling price of 505,000 IQDper mithqal (equals to five grams) of 21-carat gold, including Gulf, Turkish,and European gold, with a buying price of 501,000 IQD.
The selling price per mithqal of 21-carat Iraqigold reached 475,000 IQD, with a buying price of 471,000 IQD.
In jewelry stores, the selling price per mithqalof 21-carat Gulf gold ranged between 505,000 and 515,000 IQD, while the sellingprice of Iraqi gold fluctuated between 475,000 and 485,000 IQD.
In Erbil, a mithqal of 24-carat gold was sold at583,000 IQD, 22-carat gold at 535,000 IQD, 21-carat gold at 510,000 IQD, and18-carat gold was sold at 437,000 IQD.