Gold prices for both foreign and Iraqi varieties experienced a decline in local markets in Baghdad, while remaining stable in Erbil, the capital of the Kurdistan Region, as of Monday morning.
In wholesale markets along the River in Baghdad, the sales price for a single 21-carat piece of Gulf, Turkish, or European gold was reported at 618,000 dinars, with a purchase price of 614,000 dinars.
Additionally, the selling price for a 21-carat weight of Iraqi gold was recorded at 588,000 dinars, with the purchase price set at 584,000 dinars.
In goldsmith stores, prices for selling 21-carat Gulf gold weights ranged from 620,000 to 630,000 dinars, while the prices for Iraqi gold weighed between 290,000 and 600,000 dinars.
In contrast, gold prices in Erbil remained unchanged, with the selling price for 24-carat gold standing at 715,000 dinars, 22-carat gold at 655,000 dinars, 21-carat gold at 625,000 dinars, and 18-carat gold at 535,000 dinars.
| Gold Type | Selling Price (Baghdad) | Purchase Price (Baghdad) | Selling Price (Erbil) |
|---|---|---|---|
| 21-carat Gulf/European/Turkish Gold | 618,000 dinars | 614,000 dinars | 625,000 dinars |
| 21-carat Iraqi Gold | 588,000 dinars | 584,000 dinars | N/A |
| 24-carat Gold (Erbil) | N/A | N/A | 715,000 dinars |
| 22-carat Gold (Erbil) | N/A | N/A | 655,000 dinars |
| 18-carat Gold (Erbil) | N/A | N/A | 535,000 dinars |
