Gold Market Report
Iraq Gold Market Report
Independently researched coverage of the Iraq gold market, last verified Sep 1, 2026. 24K gold is currently IQD 183,445.71 per gram.
See the live gold price page for Iraq →Research coverage
4 of 4 research sections published for Iraq.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in IQD.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | IQD 183,445.71 | IQD 5,705,799.38 | IQD 2,139,674.77 | IQD 183,445,709.93 |
| 22 karat (916.7) | IQD 168,181.50 | IQD 5,231,029.40 | IQD 1,961,636.02 | IQD 168,181,500.45 |
| 21 karat (875) | IQD 160,531.05 | IQD 4,993,073.77 | IQD 1,872,402.66 | IQD 160,531,049.30 |
| 18 karat (750) | IQD 137,598.04 | IQD 4,279,777.52 | IQD 1,604,916.57 | IQD 137,598,042.25 |
| 14 karat (583.3) | IQD 107,014.58 | IQD 3,328,525.63 | IQD 1,248,197.11 | IQD 107,014,584.06 |
| 10 karat (416.7) | IQD 76,449.47 | IQD 2,377,844.39 | IQD 891,691.65 | IQD 76,449,472.28 |
Trend
Last 3 months
Per gram · IQD
- Change
- +6.59%
- Low
- IQD 170,130.80
- High
- IQD 197,404.71
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Iraq gold market
Iraq applies no tax at all on gold, whether jewellery, bullion or traditional gold coins, so displayed prices reflect the international gold rate and Iraqi dinar exchange rate directly, without added duty.
Read the full section on the live price page →Market notes
Iraq sharply raised its gold import tariff in early 2026 -- from 250,000 Iraqi dinars per kilogram to as much as 12,000,000 dinars -- under Cabinet Decision No. 957, part of a broader customs overhaul that sparked significant unrest among Iraqi gold merchants.
Read the full section on the live price page →Buying gold in Iraq
Given how sharply Iraq's gold import tariffs have risen in 2026, a domestically-sold piece is likely to carry a meaningfully higher premium over the international spot price than it would have a year earlier -- factor that into any comparison with KmalServico's live, duty-free reference.
Read the full section on the live price page →Tax & duty notes
Iraq's gold import tariff rose sharply in early 2026 under Cabinet Decision No. 957, from 250,000 Iraqi dinars per kilogram to as much as 12,000,000 dinars, alongside a separate 50,000-dinar test fee on imported jewellery.
Read the full section on the live price page →Sources
What the Iraq research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- The National — Iraq's new taxes and customs tariffs cause unrest among merchants
Supports: The gold import tariff increase from 250,000 to up to 12,000,000 Iraqi dinars per kilogram and resulting merchant unrest
Checked Sep 1, 2026
- Iraq Business News — New Rules for Pre-Payment of Iraqi Customs Duties
Supports: Cabinet Decision No. 957's revised customs tariff brackets (0.5-30%)
Checked Sep 1, 2026
Related markets
More gold markets in Middle East
Iraq's immediate sub-region doesn't list enough markets on its own, so this also includes other Middle East countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.