4053
Azadi Coin Slides
Economy, Business And Markets

Azadi Coin Slides

The Azadi gold coin took a large hit on Wednesday, following the drop in gold spot price as the dollar rallied in the international markets. The benchmark gold coin fell by 1.2 percent, to a nine-months low, tumbling to 9,025,000 rials. The slide in Azadi coin’s price came as the price of bullion for immediate delivery fell by 2.04 percent to its lowest since May 2010, as stronger dollar drove down demand for the precious metal. Moreover, physical demand failed to provide support for gold’s price.

 

Short URL : http://goo.gl/HcGcqf

You can also read ...

Iranian Insurance Firms' Premium Income Exceeds $1.2b in H1 (Mar-Sep 2018)
Iran insurance industry earned 183 trillion rials ($1.28...
Italian investment companies remain active in Iran, despite...
Iran, India Leading Global Ammonia Capacity Growth
Iran and India will continue to lead the global ammonia market...
Iran Auto Industry Hither and Thither
Over the past few days, Iran’s beleaguered auto industry has...
Iran-Russia Non-Oil Trade Sees Over 80 Percent Hike (September 2018)
Iran traded 956,662 tons of non-oil commodities worth close to...
First-Timers Constitute 20% of Tehran Homebuyers
First-time homebuyers have accounted for a 20% share of total...
US Sanctions Against Iran Ridicule Int'l Norms
Foreign Ministry Spokesman Bahram Qasemi on Wednesday...
Iran Slips 1 Spot in WEF's Global Competitiveness Index
The World Economic Forum’s “Global Competitiveness Report 2018...

Trending

Googleplus