On Sunday, gold prices—both foreign and Iraqi—remained stable in the local markets of Baghdad, while a decline was observed in Erbil, the capital of the Kurdistan Region.
In the wholesale markets located at the River Evangelization in Baghdad, the selling price for a single weight of 21-carat gold from the Gulf, Turkey, and Europe was recorded at 618,000 dinars, with a purchase price of 614,000 dinars.
Additionally, the selling price for a single weight of 21-carat Iraqi gold was noted at 588,000 dinars, while the purchase price stood at 584,000 dinars.
In retail goldsmith stores, the selling price for 21-carat Gulf gold fluctuated between 620,000 and 630,000 dinars. For Iraqi gold, the selling price ranged from 590,000 to 600,000 dinars.
Conversely, in Erbil, gold prices experienced a decrease. The price for 24-carat gold was set at 712,000 dinars, while 21-carat gold was priced at 623,000 dinars, and 18-carat gold was at 535,000 dinars.
Gold Type | Baghdad Selling Price (Dinars) | Baghdad Purchase Price (Dinars) | Erbil Price (Dinars) |
---|---|---|---|
24-Carat | N/A | N/A | 712,000 |
21-Carat (Gulf/Turkish/European) | 618,000 | 614,000 | 623,000 |
21-Carat (Iraqi) | 588,000 | 584,000 | N/A |
18-Carat | N/A | N/A | 535,000 |