Iraqi Gold Prices on October 4

Gold prices in Iraq experienced a slight decline on Sunday, October 4, 2026, at the start of trading, influenced by a global drop in gold prices following a highly volatile week during which gold lost approximately 3.4%. The decline was driven by rising U.S. bond yields and a strengthening dollar. The price of 24-karat gold per gram reached around 174,300 Iraqi dinars (approximately $133), while the ounce of gold was valued at about 5,421,100 Iraqi dinars (approximately $4,137.50). Despite U.S. bond yields rising to 5.37% and expectations of a reduced likelihood of interest rate hikes, demand for gold from central banks remained steady, helping to support prices above the $4,000 level.

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