Iraq · IQD · June 2025
Gold Price in Iraq — June 2025
In June 2025, the gold price in Iraq closed at approximately ع.د4,398,659 per troy ounce, equivalent to ع.د1,649,524 per tola or ع.د141,420 per gram. This represents a +1.25% change on the month (ع.د4,344,509 open → ع.د4,398,659 close).
Open
ع.د4,344,509
per troy ounce
Close
ع.د4,398,659
per troy ounce
High
ع.د4,522,330
per troy ounce
Low
ع.د4,289,566
per troy ounce
All unit prices at June 2025 close — Iraq
| Unit | Weight | Closing IQD price |
|---|---|---|
| Troy ounce | 31.1035 g | ع.د4,398,659 |
| Gram | 1.0000 g | ع.د141,420 |
| 10 grams | 10 g | ع.د1,414,201 |
| Kilogram | 1,000 g | ع.د141,420,065 |
| Tola | 11.664 g | ع.د1,649,524 |
Karat-purity breakdown at June 2025 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24K | ع.د141,279 | ع.د1,647,874 |
| 22K | ع.د129,541 | ع.د1,510,964 |
| 21KIRAQ STD | ع.د123,743 | ع.د1,443,333 |
| 18K | ع.د106,065 | ع.د1,237,143 |
| 14K | ع.د82,731 | ع.د964,971 |
| 10K | ع.د58,972 | ع.د687,851 |
Daily gold price in IQD — June 2025
June 2025 gold market: Buy-the-dip as ETF inflows resume
BullishDip-buying and resumed ETF inflows kept the uptrend intact.
Gold stabilised and turned higher again in June as investors treated the May pullback as a buying opportunity. ETF inflows resumed, the long-term outlook stayed constructive, and expectations of future Fed rate cuts underpinned sentiment. A flare-up of Middle East tensions added a safe-haven bid.
What drove gold in June 2025
- resumed ETF inflows
- future Fed rate-cut expectations
- Middle East tensions
- constructive long-term outlook
Key events in June 2025
- Jun 15Middle East escalation adds a safe-haven bid; ETF inflows resume
What happened next
Steady physical demand from Asia carried the strength into the summer.
For gold buyers in Iraq
June confirmed the May dip was for buying — with ETF money flowing back, every pullback found support.
The 2025 gold market: Continued bull market and de-dollarization signals
2025 saw gold continue its bull market with prices reaching new highs above $3,000/oz. BRICS+ expansion (UAE, Iran, Egypt, Ethiopia) accelerated. Central-bank buying remained at record levels. The era of structural gold appreciation continued through the year.
Key drivers in 2025
Continued central-bank buying, BRICS+ settlement infrastructure, USD reserve share declining, AI-era productivity boom
2025 XAU/USD high
Above $3,000
2025 XAU/USD low
$2,580 (approx)
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 — June 2025, Iraq
ع.د4,344,509
$3,316.75/oz
ع.د4,443,483
$3,392.31/oz
ع.د4,438,892
$3,388.80/oz
ع.د4,433,600
$3,384.76/oz
ع.د4,458,311
$3,403.63/oz
ع.د4,421,739
$3,375.71/oz
ع.د4,335,648
$3,309.98/oz
ع.د4,350,436
$3,321.27/oz
ع.د4,372,737
$3,338.30/oz
ع.د4,387,126
$3,349.28/oz
ع.د4,419,041
$3,373.65/oz
ع.د4,452,318
$3,399.05/oz
ع.د4,514,969
$3,446.88/oz
ع.د4,497,246
$3,433.35/oz
ع.د4,522,330
$3,452.50/oz
ع.د4,520,857
$3,451.38/oz
ع.د4,458,055
$3,403.43/oz
ع.د4,453,706
$3,400.11/oz
ع.د4,438,073
$3,388.18/oz
ع.د4,420,331
$3,374.63/oz
ع.د4,412,629
$3,368.75/oz
ع.د4,451,401
$3,398.35/oz
ع.د4,445,231
$3,393.64/oz
ع.د4,398,489
$3,357.96/oz
ع.د4,388,612
$3,350.42/oz
ع.د4,388,612
$3,350.42/oz
ع.د4,351,628
$3,322.18/oz
ع.د4,289,566
$3,274.80/oz
ع.د4,304,342
$3,286.08/oz
ع.د4,398,659
$3,358.09/oz
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 2025 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 June 2025 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 June 2025
What was the gold price in Iraq in June 2025?
In June 2025, gold in Iraq opened at ع.د4,344,509/oz and closed at ع.د4,398,659/oz — a move of +1.25% on the month. Per tola: ≈ع.د1,649,524; per gram: ≈ع.د141,420; per 10g: ≈ع.د1,414,201.
What was the 24K gold rate per tola in Iraq in June 2025?
The 24K gold rate per tola in Iraq at the June 2025 close was approximately ع.د1,649,524, derived from international XAU/USD spot of $3,358.09/oz times the 2025-end IQD/USD exchange rate of 1,309.8712. 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 June 2025?
Iraq's most-quoted retail standard is 21K per mesghal. At the June 2025 close, that worked out to approximately ع.د123,743 (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 June 2025 (sourced from gold-api.com), multiplied by the 2025-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 2025-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 2025 archive or the USD-only June 2025 page with the country-by-country list at the bottom.
Other markets? Compare June 2025 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 2025-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.