CommoditiesConsumer Goods

Current Gold Prices in Baghdad and Erbil: What’s Trending?

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
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