1. Intel DQ45CB desktop board (which has integrated GMA X4500HD).
2. 1.5 GB of ram
3. 160 GB
4. pentium D 915 2.8 GHz
5. windows XP sp3
6. HP 15 inch monitor( max. resolution 1024*768 )
My question will i be able to play latest games with the integrated graphics card . I think that i should be able to play because i will play at a resolution of 1024*768.
Or if any suggestion to a new graphic card .
But it should be something very cheap (50$ - 70$).
You may be able play some of the latest games at that resolution with the settings turned down, but it would be far from ideal and a lot of games will be unplayable. Any game a few years old should do alright though.
I'd recommend getting a card. In that price range an HD4670 is what you want. Very good card for the money and should do quite well with any game around at that resolution.
FYI that processor isn't very good at all at this point. Fortunately that board can use MUCH better processors if you want to upgrade. For something about twice as fast and still pretty cheap I recommend an E5200 for $70 but it should be able handle core2 quads as well. Also 1.5 megs of RAM isn't much for a gaming system. RAM is quite cheap though these days and you can add 2 more gigs for around $20.
If you are going to bother buying a card make it the HD4670. Anything cheaper won't be worth it really. Anything more powerful is pointless with that cpu and also might require a new PSU depending on what you have.