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Gold Swings Like a Pendulum

Gold Swings Like a Pendulum Gold Swings Like a Pendulum

Gold prices swung like a pendulum Sunday in Tehran despite the certainty expressed by analysts that the fluctuations will fade soon and prices will continue to fall. 
Emami gold coin started Saturday down 1.66%, from 123 million rials to 121 million rials. However, it was priced at 129 million rials Sunday afternoon as foreign exchange rates climbed, posting 4.6% growth over Saturday's close. The popular coin had recorded 6% and 14% drop in its prices, respectively, on Thursday and Saturday. 

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