Iraq Gold Prices August 17 2026

On Monday, August 17, 2026, gold prices in Iraq saw a relative rise across all denominations, influenced by a global decline in the US dollar's value and expectations of a decrease in the likelihood of the Federal Reserve raising interest rates in September. This outlook is based on economic data indicating a slowdown in the labor market and inflation pressures. The price of a gram of 24-karat gold reached approximately 184,934 Iraqi dinars (around $141), while 22-karat gold stood at 169,523 dinars (about $130), 21-karat at 161,817 dinars (roughly $124), and 18-karat around 138,700 dinars (about $106). The price of an ounce of gold was 5,752,067 dinars (approximately $4,396), and a one-kilogram bar was valued at 186,228,227 dinars (roughly $142,333). Globally, the spot price of gold increased to $4,391.07 per ounce, as the dollar index declined by 0.1%, boosting demand for the precious metal and pushing its price toward the $4,400 level. The decline in the dollar makes gold cheaper for investors using other currencies, enhancing its attractiveness.

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