Noticeable Rise in Gold Prices and Dollar Exchange Rates in Iraqi Local Markets

mesoiraq - Financial and precious metal markets in Iraq recorded an uptick in trading rates, with the global gold ounce reaching $4,454. Locally, the price of a 21-karat gold mithqal settled at 955,000 Iraqi dinars, while 18-karat gold reached approximately 820,000 dinars. The 22-karat approached the one million dinar mark, and the 24-karat exceeded 1.091 million dinars. In the currency market, the US dollar exchange rates remained relatively stable with a slight upward trend, trading at 154,050 dinars per $100 in the capital, Baghdad, and at 154,000 dinars in the Kurdistan Region markets.