Gold prices in Iraq on August 14

Gold prices in Iraq today, Sunday, August 16, 2026, experienced a moderate increase across all denominations compared to the end of last week's trading, influenced by a rise in global gold prices following a decline in the dollar. Meanwhile, the balancing of U.S. jobs and inflation data led to reduced expectations of an interest rate hike by the Federal Reserve in September. The price of 24-karat gold per gram reached approximately 184,300 Iraqi dinars ($140.68), while 22-karat was around 169,000 dinars ($128.69), 21-karat about 161,300 dinars ($123.09), and 18-karat approximately 138,200 dinars ($105.51). The price of an ounce of gold in Iraq stood at roughly 5,732,700 dinars, with a one-kilogram gold bar valued at about $184,900. Globally, the gold price increased by 0.9%, reaching $4,375.89 an ounce, maintaining its weekly gains. However, it faced profit-taking and concerns over an impending wave of inflation due to the Hormuz Strait crisis and rising oil prices.

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