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 ...

US’ Iran Policy Headed for Train Wreck With Afghan Policy
US President Donald Trump’s decision to pull out of the Iran...
BMI Outlines Forex Measures
Director of Bank Melli of Iran’s Foreign Exchange Department...
With the US Out, How Can Iran Benefit From JCPOA?
In Iran, the only surprise regarding US President Donald Trump...
5-6% Flexibility in USD Rate Until March
Governor of the Central Bank of Iran said the exchange rates...
Non-Oil Trade With Malaysia Rises 23%
Iran traded $694.64 million worth of non-oil goods with...
Mineral Projects Worth $3.6b in the Pipeline
More than $3.6 billion worth of mineral projects are to be...
So far, 90 video games have been submitted to enroll  in the Gamistan Awards.
The second round of Tehran Game Convention is slated for July...
Apple Pays Ireland 1st Tranche of Disputed Taxes
Apple has paid €1.5 billion ($1.76 billion) into an escrow...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus