Iraq 21K Gold Price Rises 4 Percent
The price of a 21-carat gold per gram in Iraq remained steady at approximately 153,841 Iraqi dinars ($117) on Sunday, 5/7/2026. This marked its first weekly gain in three weeks, increasing by nearly 4%, after the gold ounce surpassed $4,100 due to the decline in expectations of US monetary tightening. Globally, gold prices rose as the likelihood of US interest rate hikes diminished, enhancing its attractiveness in the local market. The prices of artisanal gold and bullion experienced stability as international markets continued their recovery.
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