The Iraq gold price update showed stable movement in Baghdad and Erbil markets on Monday. Prices hovered around 940,000 Iraqi dinars per mithqal in major trading areas. According to local market surveys, traders reported limited changes compared to the previous day. Demand remained steady despite small price shifts.
The Iraq gold price update indicates slight differences between trading districts. In Baghdad, prices on Al-Nahr Street showed mixed buying and selling levels. Meanwhile, Erbil markets recorded separate rates based on gold carat types. Overall, the market stayed relatively calm.In Baghdad, 21-carat gold from Gulf, Turkish, and European sources sold at about 936,000 IQD per mithqal. Buying prices stood near 932,000 IQD. On the previous day, the same gold reached around 939,000 IQD. This shows a minor decline in daily trading.
In addition, Iraqi 21-carat gold traded at lower levels. Selling prices reached 906,000 IQD per mithqal. Buying prices stayed near 902,000 IQD. Jewelry stores also showed wider price ranges depending on design and craftsmanship.
Gulf gold in retail shops ranged between 940,000 and 950,000 IQD per mithqal. Iraqi gold pieces traded between 910,000 and 920,000 IQD. Therefore, retail pricing remained slightly higher than wholesale market rates.In Erbil, traders reported stronger prices for higher carat gold. 22-carat gold reached about 982,000 IQD per mithqal. Meanwhile, 21-carat gold stood at 937,000 IQD. Lower purity 18-carat gold traded around 803,000 IQD.
As a result, Erbil maintained a wider price gap between gold types. Traders linked this difference to demand patterns and import costs. In addition, currency fluctuations also influenced pricing across the region.The Iraq gold price update suggests that overall demand remains stable. However, small daily movements continue across both Baghdad and Erbil. Traders closely monitor international gold prices and currency changes.
In addition, local buyers still view gold as a safe asset. This keeps market activity consistent even during minor price shifts. Therefore, analysts expect steady trading in the short term.