Gold prices in Iraq gold markets showed stability in Baghdad and Erbil. Many buyers and sellers followed the trend closely. The demand for gold remained steady across both cities, and traders confirmed little movement in the overall rates.
In Baghdad, gold prices on Al-Nahr Street stayed unchanged. The selling price of 21-carat gold, including Gulf, Turkish, and European types, stood at 663,000 IQD per mithqal. The buying price held at 659,000 IQD. At the same time, the selling price of 21-carat Iraqi gold reached 633,000 IQD, with a buying price of 629,000 IQD. This difference between local and imported gold attracted careful buyers who compared options before purchasing.
Furthermore, jewelry stores in Baghdad displayed slightly higher price ranges. Gulf gold sold between 665,000 and 675,000 IQD per mithqal. Iraqi gold in stores ranged between 635,000 and 645,000 IQD. Many shoppers noted that prices in jewelry shops usually rise due to craftsmanship and market demand.
Meanwhile, the gold trade in Erbil reflected a similar pattern. The selling price of 22-carat gold reached 696,000 IQD per mithqal. The 21-carat gold rate stood at 660,000 IQD, while 18-carat gold traded at 565,000 IQD. Traders in Erbil said customer interest remained stable, especially for higher-carat pieces.
Moreover, both markets showed resilience despite global fluctuations. Iraq gold markets often follow international prices, yet local factors influence the final rates. The balance between supply and demand kept prices steady, and sellers said buyers continued to trust gold as a safe investment.
In addition, experts explained that Iraq gold markets usually stay active even during slow economic phases. Many families consider gold a traditional way to protect wealth. With steady prices in Baghdad and Erbil, buyers felt more confident about their purchases.
Therefore, Iraq gold prices stayed stable across the two major cities. This stability reassured traders and customers, who continued to see gold as both jewelry and investment.