Iraq Gold Prices, August 28, 2026

The article discusses the decline in gold prices today in Iraq, with all gold quantities decreasing compared to yesterday's prices. This comes amid a global downturn in prices as investors await Federal Reserve Chair Jerome Powell’s statements at the Jackson Hole symposium. The price of 24-karat gold per gram has reached approximately $147, while 22-karat is around $135, and 21-karat about $129, with decreases in the price of the ounce and bars. Worldwide, spot gold has fallen by 0.5% to $4,576 per ounce, amid expectations of a US interest rate hike in September and December, which contributes to the volatility in the precious metal's prices.

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