Gold Coin Hits Record

EghtesadOnline: Gold coin prices recorded multiple rallies in the past month to reach their highest value in Tehran’s market on Monday.

News ID: ۷۸۰۵۴۱

21 November 2017

After significant leaps in recent days, Emami gold coin fetched 14.41 million rials ($351.4)–the highest price in nearly six years. This is while the price of the benchmark gold coin hovered around 12.95 million rials ($315.85) about a month ago, Tehran Gold and Jewelry Union’s website reported. Emami gold coin gained 250,000 rials on Monday, which indicates a 1.8% jump compared to Sunday’s close. The other benchmark gold coin, Bahar Azadi, changed hands for 13.61 million rials ($331.95) to mark a rise of 200,000 rials or a 1.5% growth compared to its previous day. Half and Quarter Bahar Azadi both gained 150,000 rials on Monday and sold for 7.26 million rials ($177.7) and 4.14 million rials ($100.9), respectively, according to Financial Tribune.