Iraq Gold Prices Drop Again September 1

Gold prices in Iraq today, Tuesday, September 1, 2026, experienced a decline across all karat weights due to a drop in global gold prices. Investors are currently assessing the repercussions of tensions in the Middle East and awaiting U.S. employment data that could influence the direction of interest rates. The price of 24-karat gold per gram stands at approximately 186,398 Iraqi Dinars ($142), 22-karat at around 170,865 Dinars ($130), and 21-karat at about 163,098 Dinars ($124). Meanwhile, the price of an ounce of gold reached approximately 5,797,615 Dinars ($4,427). This comes after global gold prices declined by 0.8% per ounce to their lowest level since August 19, pressured by international tensions and rising oil prices, which have impacted gold's appeal as a safe haven.

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