Iraq Gold Prices Fall Again on October 6

Gold prices in Iraq today, Tuesday, October 6, 2026, experienced a decline across various carats, influenced by a worldwide drop in prices due to the rising US dollar and US Treasury bond yields, despite reduced expectations of interest rate hikes by the Federal Reserve this month. The price of 24-karat gold per gram was approximately $133, 22-karat around $122, 21-karat about $116, and 18-karat roughly $100. Meanwhile, the price of an ounce of gold reached $4,127, and kilogram bars were priced at $133,612. Globally, gold prices fell by 0.3%, reaching $4,128.69 per ounce, with anticipation of an 87% chance of interest rate increases in December following data showing slower job growth in September. This situation raises the cost of holding gold, which yields no income.

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