Iraq Gold Prices August 31 21K

On Monday, August 31, 2026, gold prices in Iraq experienced a relatively slight decline across all grades compared to the previous day. This decrease was driven by a drop in global prices following the U.S. Federal Reserve Chair's indication of a possible interest rate hike to combat inflationary pressures. The price of 24-karat gold per gram reached 187,376 Iraqi dinars (approximately $142), while 22-karat gold was priced at 171,762 dinars (about $130), and 21-karat gold stood at 163,954 dinars (roughly $124). Meanwhile, the price of an ounce of gold was 5,828,044 dinars (around $4,425), and the cost of a kilogram in a gold bar was 188,688,050 dinars (approximately $143,249). Globally, gold prices declined by 0.8%, reaching their lowest levels in two weeks, influenced by international tensions and expectations of interest rate hikes, which impact its attractiveness as a safe haven against inflation.

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