Gold prices in Iraq stayed stable in Baghdad while increasing slightly in Erbil. This trend shows how local market conditions can vary within the same country. Many buyers continue to follow Iraq gold prices closely, as they shift daily across different cities.
In Baghdad, 21-carat gold sold at 665,000 IQD per mithqal on Al-Nahr Street. This rate included Gulf, Turkish, and European varieties. Buyers offered 661,000 IQD for the same gold. Prices for Iraqi 21-carat gold stood lower. Sellers asked for 635,000 IQD per mithqal, while buyers paid 631,000 IQD.
Jewelry shops in Baghdad displayed slightly different prices. The selling rate for 21-carat Gulf gold ranged between 665,000 and 675,000 IQD. Meanwhile, 21-carat Iraqi gold sold between 635,000 and 645,000 IQD. These price variations reflect brand differences and buyer preferences.
Meanwhile, gold rates in Erbil continued to climb. The selling price for 22-carat gold reached 705,000 IQD per mithqal. At the same time, 21-carat gold sold at 673,000 IQD, showing a noticeable jump compared to Baghdad’s prices. Even 18-carat gold gained value, reaching 576,000 IQD per mithqal.
The difference in Iraq gold prices highlights how demand shifts between cities. Erbil usually sees higher demand from buyers who prefer foreign gold. Baghdad, on the other hand, sees more interest in Iraqi-made pieces. Because of this, prices remain relatively stable in Baghdad while rising in Erbil.
Buyers and sellers check Iraq gold prices every day. These rates help guide trade across markets and influence jewelry purchases. Because mithqal is a traditional unit (equal to five grams), locals rely on it when making investments or gifts.
Despite regional price changes, investors still trust gold as a safe asset. As the Iraqi dinar fluctuates, many people turn to gold to protect their savings. Price differences between 21-carat, 22-carat, and 18-carat gold reflect quality and purity levels.
Therefore, anyone buying or selling gold in Iraq must watch the daily rates. Prices can shift quickly, especially during holidays or market surges. Knowing the latest gold values helps shoppers make better decisions in both Baghdad and Erbil.