Gold Coin Continues to Sparkle in Tehran Market

EghtesadOnline: Gold coin prices continued their weeklong surge to reach their four-year high in Tehran’s market on Wednesday.

News ID: ۷۸۰۴۶۹

18 November 2017

After significant leaps in recent days, Emami gold coin fetched 13.94 million rials ($340) on Wednesday, marking an increase of 50,000 rials compared to Tuesday’s close.

Bahar Azadi gold coin changed hands at 13.25 million rials ($323.1) on Wednesday, registering a whopping increase of 350,000 rials compared with last Wednesday’s close.

Half Azadi and Quarter Azadi experienced an increase of 10,000 rials on Wednesday to change hands for 6.98 million rials ($170.2) and 3.91 million rials ($95.3), respectively, Financial Tribune reported.

This is while rial gained against the US dollar in Tehran’s market. The greenback was exchanged at 41,020 rials on Monday, down by 200 rials compared to Tuesday’s close.