61575
Gold Down, USD Up
Gold Down, USD Up

Gold Down, USD Up

Gold Down, USD Up

Bahar Azadi Gold Coin fell by 100,000 rials on Wednesday, changing hands for 12.10 million rials ($323) in Tehran’s market to witness another drop after an unexpected rally in recent days. Speculative activities created a bubble in gold coin market to push the price to 12.35 million rials ($330) on Monday to reach its highest since September 2013. The figure, however, fell during the two following days by 15,000 and 10,000 rials to prove the short-lived rally was not supported by global trends, as speculators pulled the strings behind the scene. This is while the US dollar was exchanged for nearly 38,000 rials in Tehran’s market on Wednesday to register an increase of 400 rials or 1% compared with Tuesday. USD reached its highest rate over the past month, as the Iranian New Year (on March 21) is only a few days away. 

Short URL : https://goo.gl/OxU3fr
  1. https://goo.gl/UUgjlg
  • https://goo.gl/xizsWN
  • https://goo.gl/auxsGt
  • https://goo.gl/Vp0XYk
  • https://goo.gl/fzNe9f

You can also read ...

 Germany’s Hermes Offers to Over Iran Energy Projects
German Economy and Energy Minister Brigitte Zypries said Euler...
Liquidity of Shadow Banks  Dips Under 10%
The share of uncertified financial institutions in the Iranian...
Prospective Trade Partners
The Ministry of Economic Affairs and Finance has identified 59...
Iran Not Satisfied by FATF Ruling
The Economy Ministry has issued a statement through its anti-...
The inflation rate went below 10% for the first time after about a quarter century in June 2016.
Iran’s inflation rate just went above 10%, ending months of...
Passengers of Late-Running Trains to Be Compensated
Rail passengers are entitled to claim a full refund for a delay...
Iran Offers Tariff Concessions to EEU
Iran is ready to make tariff concessions on a wide range of...
Ports Capacity to Rise
Deputy Minister of Roads and Urban Development Mohammad...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus