Gold stabilizes in Baghdad, drops in Erbil
Shafaq News/ On Saturday, gold prices stabilizedin Baghdad while edging lower in Erbil markets.
According to a Shafaq News survey,Baghdad's wholesale markets on Al-Nahr Street registered a selling price permithqal (approximately five grams) for 21-carat Gulf, Turkish, and Europeangold of 605,000 IQD, with a buying price of 601,000 IQD.
The selling price for one mithqal of21-carat Iraqi gold was 575,000 IQD, with a buying price of 571,000 IQD.
In Baghdad’s jewelry shops, the sellingprice for 21-carat Gulf gold ranged between 605,000 and 615,000 IQD, while theselling price for 21-carat Iraqi gold ranged between 575,000 and 585,000 IQD.
In Erbil, the selling price for 24-caratgold was 685,000 IQD per mithqal, 21-carat gold was 600,000 IQD, and 18-caratgold was 515,000 IQD.
