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Sunday, June 21, 2026

Gold Markets Stay Steady in Baghdad and Erbil as Trading Holds Firm

Iraq gold prices stabilize across Baghdad and Erbil on Sunday, according to a market survey by local sources. Traders in both cities reported quiet...
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Gold Markets Stay Steady in Baghdad and Erbil as Trading Holds Firm

Iraq gold prices stabilize across Baghdad and Erbil on Sunday, according to a market survey by local sources. Traders in both cities reported quiet but steady trading conditions. Prices showed little movement compared with the previous day. The market reflected balanced supply and demand across major retail centers.

Dealers in Baghdad’s gold markets confirmed that Iraq gold prices stabilize while 21-carat gold held near 908,000 IQD per mithqal. The Al-Nahr Street market recorded selling prices at about 908,000 IQD. Buyers offered around 904,000 IQD for the same purity. Gulf, Turkish, and European gold types followed similar pricing levels throughout the day.

Jewelry shops across the capital displayed a slightly wider range for consumers. Sellers priced 21-carat Gulf gold between 910,000 and 920,000 IQD per mithqal. Iraqi gold traded lower, ranging from 880,000 to 890,000 IQD. Retailers kept buying prices close to earlier levels. Many shoppers compared options before making final purchases.

In Erbil, gold markets also showed consistent performance across different purities. Dealers sold 22-carat gold at 961,000 IQD per mithqal. They priced 21-carat gold at 917,000 IQD. Meanwhile, 18-carat gold stood at 786,000 IQD. Traders noted stable demand in local shops throughout the day. Regional pricing trends continued to align closely with Baghdad.

Overall, Iraq gold prices stabilize as both cities maintain steady trading ranges and limited volatility. Analysts linked the calm movement to stable international gold benchmarks. Local currency conditions also supported price consistency. Market participants expect similar trends in the short term. Traders will monitor global shifts for any new direction.