Iraqi gold prices fall on October 18

Gold prices in Iraq experienced a slight decline today, Sunday, October 18, 2026, at the start of trading, influenced by a drop in global gold prices and a 0.7% weekly loss. The price of 24-karat gold was approximately 202,500 Iraqi dinars ($133.9), while 21-karat gold was about 177,200 dinars ($117.16). The price of an ounce reached around 6,297,900 dinars ($4,164.7). The decline in local gold prices coincided with an increase in international markets, where the likelihood of raising U.S. interest rates grew following inflation data that exceeded expectations.

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