🇮🇶Silver Rate in Basrah Today
The silver rate in Basrah today is IQD2,867 per gram for 24K, based on an international spot price of $68.20 per troy ounce. That is down IQD14.97 from the previous close. This is the international spot price converted into IQD for Basrah. 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 1,326,564. The IQD has weakened 0.84% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Silver rate in Basrah — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | IQD2,867 | IQD2,628 | IQD2,508 | IQD2,150 | IQD1,672 |
| 1 Troy Ounce (31.1035 g) | IQD89,169 | IQD81,738 | IQD78,023 | IQD66,877 | IQD52,015 |
| 1 Kilogram (1,000 g) | IQD2,866,850 | IQD2,627,946 | IQD2,508,494 | IQD2,150,138 | IQD1,672,329 |
All figures in IQD (Dinar). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Browse Silver rates in Iraq
By karat
By weight
Cities in Iraq
Analysis
Other metals in Basrah
Silver rate in Basrah — questions
What is the silver rate in Basrah today?
The silver rate in Basrah today is IQD2,867 per gram for 24K, and IQD2,867 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 Basrah?
One gram of 24K silver costs IQD2,867 in Basrah, and 22K costs IQD2,628 per gram. 18K works out at IQD2,150.
Why is 22K cheaper than 24K in Basrah?
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 IQD238.90 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Basrah 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.