Forex and Gold Fall as Appetite Wanes

Currency rates fell on Saturday as speculators tied forex prices to political developments and there seemed to be more sellers than buyers in Iran’s open market. 
The market was already on the downside Wednesday following guarded optimism about the success of reviving Iran’s nuclear deal that has become a key issue for almost all manufactures dependent on imports, suppliers and consumers. 
On the opening day of the Iranian week, the US dollar dived below the critical 310,000-rial level and was quoted at 306,000 rials in Tehran’s open market.