Gold rallies in Baghdad and Erbil markets as 21 carat gold reaches 920,000 dinars a mithqal

According to a Shafaq News market survey, gold prices in Baghdad and Erbil hovered around 900,000 Iraqi dinars per mithqal (five grams) on Thursday, August 6, 2026 (15 Mordad 1405). On Baghdad's Al Nahr Street, 21 carat gold imported from the Persian Gulf, Turkey and Europe sold for 920,000 dinars and was bought for 916,000 dinars per mithqal, up from 897,000 dinars on Wednesday. Iraqi made 21 carat gold traded in the same market at a selling price of 890,000 dinars and a buying price of 886,000 dinars. In Erbil, 22 carat gold sold for 956,000 dinars per mithqal, 21 carat gold for 914,000 dinars and 18 carat gold for 783,000 dinars.