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Gold prices in Iraq declined today, Friday, August 14, 2026, across all denominations, following a global decrease in prices. This comes after profits were realized following the yellow metal reaching its highest level in over two months, supported by the Federal Reserve's reduced expectations for interest rate hikes after stable inflation data. The price of 24-karat gold per gram was approximately 182,307 Iraqi Dinars (about $139), 22-karat was around 167,115 Dinars ($127), 21-karat also approximately 167,115 Dinars ($127), and 18-karat about 136,730 Dinars ($104). The price of an ounce of gold reached 5,670,363 Dinars (roughly $4,325), and a one-kilogram gold bar was approximately 183,583,015 Dinars (about $140,033). Global declines in gold prices influence the local Iraqi market, as prices are affected by worldwide ounce movements.
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