Gold prices for both foreign and Iraqi variants have remained stable in the local markets of Baghdad, although a decline has been noted in Erbil, the capital of the Kurdistan Region, as of today, Sunday.
In the wholesale markets along the River Evidence in Baghdad, the selling price for a single weight of 21-carat gold, including Gulf, Turkish, and European varieties, is recorded at 605,000 dinars, with a purchase price of 601,000 dinars.
Furthermore, the selling price for one weight of 21-carat Iraqi gold stands at 575,000 dinars, while the purchase price is approximately 571,000 dinars.
In the goldsmith shops, the selling prices for 21-carat Gulf gold range from 605,000 to 615,000 dinars. The selling price for Iraqi gold varies from 575,000 to 585,000 dinars.
Conversely, in Erbil, gold prices have exhibited a downward trend. Currently, the price for 24-carat gold is at 700,000 dinars. The prices for lower carats are as follows: 22-carat gold at 642,000 dinars, 21-carat gold at 613,000 dinars, and 18-carat gold at 525,000 dinars.
| Gold Type | Price in Baghdad (Dinars) | Price in Erbil (Dinars) |
|---|---|---|
| 24-Carat | N/A | 700,000 |
| 22-Carat | N/A | 642,000 |
| 21-Carat | 605,000 (sell), 601,000 (buy) – Gulf/Foreign | 613,000 |
| 21-Carat Iraqi | 575,000 (sell), 571,000 (buy) | N/A |
| 18-Carat | N/A | 525,000 |
This snapshot of gold prices reflects the current economic landscape within the regional markets, offering insights into the fluctuations of gold commodities critical for both investors and consumers.
