Iraq Gold Prices Drop on October 11

Gold prices in Iraq today, October 11, 2025, experienced a slight decline at the start of trading compared to last week's closing levels, with the price of 21-karat gold approximately 175,100 Iraqi dinars (118.04 USD). This comes amid a general decline in global gold prices, which rose by 1.3% at the end of the previous week, supported by falling oil prices and a weakening dollar, thereby increasing demand for the metal. Gold prices in Iraq are directly affected by global ounce movements, with expectations that gold will recover during the last quarter of 2026, despite increasing economic risks and rising yields.

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