HEADLINES:

Gold Prices Decline Globally, Stable in Kurdistan Region

AM:11:58:10/07/2025

3624 View

+ -

Gold futures dropped to $3,323 per ounce on Thursday, marking a $6 decrease from the previous day, amid rising global trade tensions following U.S. President Donald Trump’s announcement of new tariffs—including a 30% tariff on Iraq and a 50% hike on imported copper.

Despite the global decline, gold prices in the Kurdistan Region remain stable. As of Thursday, the local market prices are:

  • 18-carat gold: 560,000 IQD per ounce

  • 21-carat gold: 655,000 IQD per ounce

  • 22-carat gold: 686,000 IQD per ounce