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Gold Prices Rise in Kurdistan Region Amid Global Trade Tensions

AM:11:57:13/07/2025

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Gold prices saw a slight increase in the Kurdistan Region on Sunday, July 13, with 21-carat gold reaching 665,000 IQD per ounce, as global markets reacted to new U.S. tariffs announced by President Donald Trump.

The fluctuation follows Washington’s decision to impose a 30% tariff on imports from several countries, including Iraq, and a 50% tariff increase on copper imports.

Current gold prices in the Kurdistan Region are as follows:

  • 18-carat: 570,000 IQD per ounce

  • 21-carat: 665,000 IQD per ounce

  • 22-carat: 698,000 IQD per ounce

  • 24-carat: 760,000 IQD per ounce