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February 16,2019
Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in Tehran market.
The US dollar broke the psychological level of 120,000 rials and was traded for...
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January 23,2019
Gold prices are rallying again in Iran’s market, buckling the bearish trend in global markets. The benchmark Bahar Azadi gold coin in Tehran crossed 41 million rials ($357) on Wednesday which marks...
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January 14,2019
Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
The benchmark Bahar Azadi coin...
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December 18,2018
As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million rial ($335), down...
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September 21,2018
The import of foreign currency does not amount to smuggling and their import, as well as those of gold, is permitted without restriction, a directive issued to all customs offices across the...
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September 02,2018
The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday.
The rally was apparently sparked by a speech...
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August 28,2018
Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin.
On the Central Bank of Iran's website Sana that reports the average...
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August 19,2018
The Central Bank of Iran has started the delivery of 2.5 million presold gold coins with a six-month maturity. “As of today, August 19, the delivery phase of the six-month maturity presale plan has...
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August 14,2018
The benchmark Bahar Azadi gold coin gained on Tuesday, as both gold and foreign currency markets await greater stability in the wake of the government's rescue package that was unveiled last week...
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August 05,2018
The Central Bank of Iran said on Saturday it has fulfilled its commitment of delivering the gold coins purchased by people during the presale scheme in the past few months.
According to a...
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July 31,2018
Foreign exchange rates in Tehran's unofficial market declined in a sign that the bull run has slowed, following the Central Bank of Iran's announcement that it will soon unveil a package of new...
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July 30,2018
Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, said the ongoing volatility in the currency and gold markets is "unusual" and a byproduct of "enemies' conspiracy". ...
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July 30,2018
Tehran Prosecutor Abbas Jafari Dolatabadi said investigators in a high-profile probe to crack down on suspected fraud in the gold coin market have traced the means to fund the 30 largest coin...
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July 29,2018
The US dollar's rally in the unofficial foreign exchange market, along with other major currencies, is gaining in intensity.
Iranian currency hit a record low on Sunday at 100,000 rials to the...
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July 23,2018
Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of...
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July 22,2018
After a period of calm, the US dollar is once again surging in the unofficial market along with other major currencies against the rial.
The forex rally is joining hands with gold coins to form a...
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July 16,2018
Government is to levy taxes on gold coin and foreign currency buyers who benefited from windfall profits amid the recent volatility in the two markets, the economy minister announced on Monday. ...
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July 09,2018
As the months-long foreign currency and gold coin rally in Iran prevails, mainly due to unyielding speculative activities that have contributed to the decline of the rial, the judiciary has now...
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June 29,2018
Based on a joint scheme launched by the Security and Exchange Organization and the Central Bank of Iran, gold coin presale bonds can be traded in the bourse from Sunday, which can also be sold as...
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June 25,2018
Iran National Tax Administration has announced details of the government’s initiative to levy taxes on people purchasing high amounts of foreign currencies and gold coins as investments, signaling...
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June 24,2018
As gold coin prices are skyrocketing, the Central Bank of Iran has reached an agreement with the capital market on implementing the latest scheme aimed at controlling the bull run.
Representatives...
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June 17,2018
Despite several schemes by the Central Bank of Iran to satisfy the supply side, the gold coin rally has come a long way since the early days of the current fiscal year (started March 21).
The...
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June 16,2018
The Central Bank of Iran is preparing the gold market to issue bond certificates for the pre-purchase of gold coins in the capital market, the secretary-general of the monetary regulator has...
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June 12,2018
A new bull run has started in Iran's gold coin market, on the back of the rally that intensified in the current week.
The benchmark Bahar Azadi coin crossed another psychological threshold in a...
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June 11,2018
The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website.