Iraq Gold Prices Rise on September 27
Gold prices in Iraq on Sunday, September 27, 2026, experienced a relative increase across all denominations compared to last week's close, despite global gold prices ending the week with a loss of about 2.1% due to inflation concerns, hawkish signals from the Federal Reserve, and rising U.S. Treasury bond yields. In the local market, the price of a gram of 24-karat gold was approximately 180,600 Iraqi Dinars ($137.8), 22-karat at 165,500 Dinars ($126.3), 21-karat at 158,000 Dinars ($120.6), and 18-karat at 135,400 Dinars ($103.3). The price of an ounce of gold was roughly 5,615,700 Dinars ($4,286.1), and a 1-kilogram bar traded around 180,600,000 Dinars ($137,811.7). The local prices reflect the influence of global factors on the gold market, with prices fluctuating after experiencing losses worldwide due to rising bond yields and inflation, amid continued expectations of hawkish interest rate policies from the U.S. Federal Reserve.
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