Local markets have witnessed a record surge in gold trading prices, with a single mithqal of 24-karat gold breaching the one-million Iraqi dinar mark. According to economic indicators from the goldsmith markets, global ounce prices reached elevated levels that directly impacted local pricing. The price of the most widely traded 21-karat gold reached approximately 940,000 dinars, while the prices of other karats varied, hitting unprecedented levels. This reflects the impact of global economic fluctuations on the dynamics of internal markets.