Iraq gold prices remained steady at around 1.07 million IQD per mithqal in major markets. Traders in Baghdad and Erbilreported limited movement. The Iraq gold prices showed stability during Sunday trading.
On Al-Nahr Street, 21-carat gold recorded a selling price of 1,068,000 IQD per mithqal. One mithqal equals five grams. Traders set the buying price at 1,064,000 IQD.
Gulf, Turkish, and European gold varieties traded within this range. Meanwhile, 21-carat Iraqi gold sold at 1,038,000 IQD per mithqal. Buyers paid 1,034,000 IQD for the same weight.
Jewelry stores posted slightly higher selling prices. Retailers offered 21-carat Gulf gold between 1,070,000 and 1,080,000 IQD per mithqal. Iraqi gold ranged between 1,040,000 and 1,050,000 IQD.
The Iraq gold prices reflected steady consumer demand. Shop owners reported balanced buying and selling activity. Therefore, prices hovered within narrow margins.
In Erbil markets, gold rates followed a similar trend. Traders sold 22-carat gold at 1,133,000 IQD per mithqal. They priced 21-carat gold at 1,082,000 IQD. Meanwhile, 18-carat gold reached 927,000 IQD per mithqal.
Market observers linked the stability to steady global bullion trends. Local currency conditions also influenced the Iraq gold prices. However, no sharp fluctuations appeared during the session.
Gold traders often adjust prices based on supply and demand shifts. Yet today’s trading showed consistency across both cities. Buyers continued to visit markets for jewelry purchases and savings investments.
Furthermore, many investors consider gold a safe asset. They use it to hedge against currency volatility. As a result, Iraq gold prices attract daily attention from households and traders.
Baghdad markets typically record higher trading volumes. In contrast, Erbil markets display more varied carat pricing. Nevertheless, both cities reflect the broader national gold trend.
Overall, the Iraq gold prices held firm near 1.07 million IQD per mithqal. Dealers maintained balanced margins. The market showed stability without major swings.