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Gold prices in Iraq on Sunday, August 23, 2026, experienced a significant increase across all denominations compared to the previous trading week. This rise was influenced by the global gold price, which reached its highest level since May 15, supported by a weak dollar and declining U.S. bond yields. The price of 24-karat gold per gram today was approximately 194,100 Iraqi Dinars (148.1 USD), 22-karat about 177,900 Dinars (135.8 USD), and 21-karat around 169,800 Dinars (129.6 USD). The price of an ounce of gold reached approximately 6,037,300 Dinars (4,608.1 USD). Additionally, the cost of a 1-kilogram gold bar rose to about 194 million Dinars (148,000 USD). The price increase is attributed to the impact of global markets, where gold recorded weekly gains exceeding 5%, surpassing the 200-day moving average—a level considered a bullish signal—amid the declining dollar, which enhanced the appeal of the precious metal.
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