Iraqi markets witnessed a decline in gold prices from their recent peak levels, coinciding with investors' anticipation of upcoming monetary policy decisions by the US Federal Reserve. Economic sources reported that the price of 21-karat gold dropped to new levels,
with other karats following suit. Conversely, US dollar exchange rates maintained relative stability in local markets, with trading hubs in Baghdad and other provinces recording closely matched buying and selling rates, reflecting a state of temporary equilibrium in foreign currency
movement.
