Iraq Gold Prices Drop Again June 12

Today, Friday, June 12, 2026, gold prices in Iraq experienced a relative decline across all denominations compared to yesterday. This was influenced by a global drop in prices amid concerns over inflation and the possibility of an increase in U.S. interest rates. The price of a gram of 24-karat gold was around $135, while the price of an ounce reached approximately $4,193, amidst a downward trend worldwide, with a 0.5% decrease in the ounce and expectations of further decline if signs point to an increase in U.S. interest rates.

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