62079
Gold Coin Drops
Gold Coin Drops

Gold Coin Drops

Gold Coin Drops

Bahar Azadi gold coin fell by 100,000 rials on Saturday, changing hands for 12.01 million rials ($320) in Tehran’s market to witness the end of its short-lived rally that started after the Norouz (Iranian New Year) holidays on April 2. The rally for the benchmark coin was ascribed to the rebound in global markets, which impacts Iran’s market directly. Another reason for the recent gold surge could be the significant increase in demand, because of the rise in marriages during the two-week holidays. This is while the rial kelp steady against the US dollar. The greenback was exchanged for37,500-37,700 in post- holiday days. The dollar’s official rate, however, has been going up for the last 10 days, being fixed at 32,435 rials on Saturday.

Short URL : https://goo.gl/V41ARW
  1. https://goo.gl/EDEjCz
  • https://goo.gl/UqtKMq
  • https://goo.gl/rrVNDZ
  • https://goo.gl/B4VbfT
  • https://goo.gl/KcjI4J

You can also read ...

European Gov’ts Exploring Financial Channels for Iran
The French, British and German governments have told Iran they...
EU to Protect Firms in Iran Following US Refusal to Grant Waivers
EU countries on Monday gave European firms legal cover to...
$312m Paid in Travel Currency in 3 Months
A total of $312 million were allocated by the Central Bank of...
Biggest Privatization Bid of the Year Set for July 31
Iranian Privatization Organization is scheduled to stage the...
Cuba Rolling  Out Mobile Internet Services
Cuba has started providing Internet on the mobile phones of...
Tehran Hosting International Biology Olympiad
Gifted students from 70 countries across the world have...
Iran, Ghana Sign Capital Market Deal
Capital market authorities from Iran and Ghana signed a...
IMIDRO Outlines Q1 Downstream, Upstream Steel Performance
A total of 11.22 million tons of iron ore concentrate was...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus