For the first time, gold prices jump to over one million dinars in Iraq.

For the first time, gold prices jump to over one million dinars in Iraq.

2026-01-21 00:51

For the first time gold prices jump to over one million dinars in IraqShafaq News – Baghdad/Erbil
Gold prices, both foreign and Iraqi, rose on Wednesday, with 21-karat gold recording more than one million dinars for the first time in local markets in Baghdad and Erbil, the capital of the Kurdistan Region.

Shafaq News Agency’s correspondent said that gold prices in the wholesale markets on Al-Nahr Street in Baghdad recorded this morning a selling price of 1.020 million dinars for one mithqal of 21-karat gold from the Gulf, Turkey, and Europe, and a buying price of 1.016 million dinars, while yesterday, Tuesday, they recorded 982 thousand dinars.

Our correspondent noted that the selling price of one mithqal of 21-karat Iraqi gold was 990,000 dinars, and the buying price was 986,000 dinars.

Regarding gold prices in jewelry stores, the selling price of a mithqal of 21-karat Gulf gold ranges between 1.025 million dinars and 1.030 million dinars, while the selling price of a mithqal of Iraqi gold ranges between 995 thousand and 1.000 million dinars.

As for gold prices in Erbil, they also recorded an increase, as the price of 22-karat gold reached 1.070 million dinars, 21-karat gold reached 1.025 million dinars, and 18-karat gold reached 878 thousand dinars.

shafaq.com