Iraq gold prices dip slightly on July 19

On Sunday, July 19, 2026, gold prices in Iraq experienced a relative decline across all denominations compared to the previous week's closing prices, influenced by global market trends. Locally, the price of a gram of 24-karat gold was approximately 168,900 Iraqi dinars ($128.9), while 22-karat gold traded at around 154,900 dinars ($118.2). The 21-karat gold reached 147,800 dinars ($112.82), and 18-karat gold was about 126,700 dinars ($96.71). Additionally, the price of an ounce of gold stood at 5,254,500 Iraqi dinars ($4,010.5), and a 1 kg gold bar was roughly 168,900,000 dinars ($129,086). These gold price declines follow its largest weekly loss in six weeks, driven by heightened military tensions between the United States and Iran, rising oil prices, and increased fears of inflation and the potential for the U.S. to raise interest rates.

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