Iraq · IQD · April 2021

Gold Price in Iraq — April 2021

In April 2021, the gold price in Iraq closed at approximately ع.د2,579,000 per troy ounce, equivalent to ع.د967,140 per tola or ع.د82,917 per gram. This represents a +0.44% change on the month (ع.د2,567,824 open → ع.د2,579,000 close).

+0.44% on the month

Open

ع.د2,567,824

per troy ounce

Close

ع.د2,579,000

per troy ounce

High

ع.د2,623,498

per troy ounce

Low

ع.د2,518,307

per troy ounce

All unit prices at April 2021 close — Iraq

UnitWeightClosing IQD price
Troy ounce31.1035 gع.د2,579,000
Gram1.0000 gع.د82,917
10 grams10 gع.د829,167
Kilogram1,000 gع.د82,916,705
Tola11.664 gع.د967,140
IQD prices computed from XAU/USD ($1,767.70/oz close) × 2021-end IQD/USD rate (1,458.9578). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2021 close

KaratPer gramPer tola
24Kع.د82,834ع.د966,173
22Kع.د75,952ع.د885,901
21KIRAQ STDع.د72,552ع.د846,248
18Kع.د62,188ع.د725,355
14Kع.د48,506ع.د565,777
10Kع.د34,576ع.د403,298

Daily gold price in IQD — April 2021

26 trading days
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April 2021 gold market: Recovery as yields cool

Bullish

Cooling yields and a softer dollar lifted gold off its lows.

Gold recovered toward $1,770 in April as Treasury yields pulled back from their highs and the dollar softened. Building inflation chatter began to revive gold's appeal as a hedge.

What drove gold in April 2021

  • yields retreating from March highs
  • softer US dollar
  • early inflation concerns
  • stabilising real yields
Themes#yields cooling#inflation hedge#recovery

Key events in April 2021

  1. Apr 22Gold pushes back toward $1,790 as yields ease

What happened next

The recovery accelerated in May as inflation data ran hot.

For gold buyers in Iraq

April rewarded buyers of the March low as the yield headwind finally eased.

The 2021 gold market: Consolidation below 2020 highs

Gold traded mostly sideways in 2021 between $1,680 and $1,950 as the Fed signaled coming tightening. Cryptocurrency mania peaked in November. Inflation began running above target. Year close: $1,829.

Key drivers in 2021

Crypto-boom drawing capital, Fed taper announcement, inflation rising, equity rally

2021 XAU/USD high

$1,945 (Jun)

2021 XAU/USD low

$1,676 (Mar)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Iraq gold market

Iraq's retail gold market uses the mesghal (4.6083 g) as the traditional unit alongside the gram. Baghdad and Basra host the most active retail bullion markets. Demand is closely tied to USD/IQD parallel-market rates.

Standard quote unit

mesghal

Common purity

21K

Currency

IQD (ع.د)

Daily gold price — April 2021, Iraq

How Iraq gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The IQD/USD exchange rate comes from exchangerate-api.com's 2021 year-end snapshot.

Conversion. Every IQD figure on this page is computed as XAU/USD price × IQD/USD rate. We use the year-end exchange rate consistently across all April 2021 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Iraq, add the country-specific levies described in the “Iraqgold market” section above.

FAQ — Iraq gold price in April 2021

What was the gold price in Iraq in April 2021?

In April 2021, gold in Iraq opened at ع.د2,567,824/oz and closed at ع.د2,579,000/oz — a move of +0.44% on the month. Per tola: ≈ع.د967,140; per gram: ≈ع.د82,917; per 10g: ≈ع.د829,167.

What was the 24K gold rate per tola in Iraq in April 2021?

The 24K gold rate per tola in Iraq at the April 2021 close was approximately ع.د967,140, derived from international XAU/USD spot of $1,767.70/oz times the 2021-end IQD/USD exchange rate of 1,458.9578. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 21K gold rate per mesghal in Iraq in April 2021?

Iraq's most-quoted retail standard is 21K per mesghal. At the April 2021 close, that worked out to approximately ع.د72,552 (21K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

IQD prices on this page are computed from the verified international XAU/USD spot price for April 2021 (sourced from gold-api.com), multiplied by the 2021-end IQD/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The ع.د figures here represent the international gold spot price converted to IQD at the 2021-end exchange rate. Iraq's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Iraq? See live gold prices in Iraq with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2021 archive or the USD-only April 2021 page with the country-by-country list at the bottom.

Other markets? Compare April 2021 prices across other major gold-trading countries: Saudi Arabia, Iran, Kuwait, Jordan, Turkey.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to IQD at the 2021-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Iraq before transacting.