Gold prices increased on Wednesday in both Baghdad and Erbil markets.
In Baghdad, the price of 21-carat gold on Al-Nahr Street was 680,000 IQD per mithqal (equivalent to five grams) for Gulf, Turkish, and European varieties, with a buying price of 676,000 IQD. Iraqi 21-carat gold sold for 650,000 IQD, with a buying price of 646,000 IQD.
Jewelry store prices for 21-carat Gulf gold ranged from 680,000 to 690,000 IQD, while Iraqi gold was priced between 650,000 and 660,000 IQD.
In Erbil, gold prices were higher. The selling price for 24-carat gold was 782,000 IQD per mithqal, while 22-carat gold was priced at 717,000 IQD. The selling price for 21-carat gold was 685,000 IQD, and 18-carat gold was 587,000 IQD.
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