Gold drops in Baghdad and Erbil markets
Shafaq News/ On Saturday, gold prices edgedlower in Baghdad’s and Erbil’s 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 608,000 IQD, with a buying price of 604,000 IQD.
The selling price for one mithqal of 21-caratIraqi gold was 578,000 IQD, with a buying price of 574,000 IQD.
In Baghdad’s jewelry shops, the sellingprice for 21-carat Gulf gold ranged between 610,000 and 620,000 IQD, while theselling price for 21-carat Iraqi gold ranged between 500,000 and 510,000 IQD.
In Erbil, the selling price for 24-caratgold was 697,000 IQD per mithqal, 21-carat gold was 610,000 IQD, and 18-caratgold was 522,000 IQD.
