Current Gold Prices in the Iraqi Markets
As of today, gold prices in Iraq remain a pivotal aspect of economic interest, especially in the context of fluctuating market conditions. Here is a detailed overview of the latest prices for both 21-carat and 18-carat gold in various forms:
Gold Prices
| Item | Price (Iraqi Dinars) | Price (US Dollars) |
|---|---|---|
| 21-carat gold (per gram) | 112,000 | 76.57 |
| 18-carat gold (per gram) | 95,500 | 65.20 |
| Gold bullion (24-carat, 1 kg) | 112,000,000 | 76,570 |
Context and Trends
The current rate for 21-carat gold is situated at 112,000 Iraqi Dinars, equivalent to approximately 76.57 USD per gram. Meanwhile, the 18-carat gold is currently priced at 95,500 Iraqi Dinars, or about 65.20 USD per gram. The market for gold bullion, representing the purest gold form, maintains a significant price of 112 million Iraqi Dinars, reflecting the ongoing demand for gold as a stable investment.
These figures indicate a stable interest in gold within the Iraqi market, often viewed as a safe haven amid economic fluctuations. The government, led by Prime Minister Mohammed Shia Sudani, continues to monitor commodity prices, ensuring that market dynamics align with national economic strategies.
Conclusion
Understanding the current gold prices is essential for investors, traders, and economic analysts within Iraq and globally. As gold serves both as a precious metal and an investment vehicle, tracking these prices is crucial for making informed financial decisions.
