Iraq Gold Prices Rise on August 6

On Thursday, August 6, 2026, gold prices in Iraq rose across all denominations compared to the previous day. This increase was influenced by global trends, which saw the gold price rise for the fourth consecutive time and reach its highest level in seven weeks, thanks to the decline in the dollar and the falling yields of US Treasury bonds. The price of 24-karat gold per gram reached approximately 179,332 Iraqi dinars (about $137), 22-karat at 164,387 dinars (about $126), 21-karat at 156,915 dinars (about $120), and 18-karat at 134,499 dinars (about $103). The price of an ounce of gold stood at 5,577,827 dinars (around $4,260), while a kilogram of gold bar was valued at 180,587,083 dinars (approximately $137,926). The rise in gold prices reflects the local market’s response to the global movement of the precious metal, with gains sustained by a weak dollar and declining US Treasury yields, which enhance gold’s appeal to investors.

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