🇮🇶Platinum Rate in Al-Kut Today
The platinum rate in Al-Kut today is IQD45,465 per gram for 14K, based on an international spot price of $1,854.00 per troy ounce. That is down IQD414.43 from the previous close. This is the international spot price converted into IQD for Al-Kut. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Iraq's larger markets, with a population of around 315,162. The IQD has weakened 0.84% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Al-Kut — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | IQD77,940 | IQD71,445 | IQD68,198 | IQD58,455 | IQD45,465 |
| 1 Troy Ounce (31.1035 g) | IQD2,424,215 | IQD2,222,197 | IQD2,121,188 | IQD1,818,161 | IQD1,414,125 |
| 1 Kilogram (1,000 g) | IQD77,940,326 | IQD71,445,299 | IQD68,197,785 | IQD58,455,244 | IQD45,465,190 |
All figures in IQD (Dinar). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Platinum rate in Al-Kut — questions
What is the platinum rate in Al-Kut today?
The platinum rate in Al-Kut today is IQD45,465 per gram for 14K, and IQD77,940 per gram for 24K. These are live figures converted from international spot at the current IQD exchange rate.
What is the price of 1 gram of gold in Al-Kut?
One gram of 24K platinum costs IQD77,940 in Al-Kut, and 22K costs IQD71,445 per gram. 18K works out at IQD58,455.
Why is 22K cheaper than 24K in Al-Kut?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is IQD6,495 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Al-Kut different from other cities?
The underlying metal price is identical everywhere in Iraq — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.