Iran gold - page 2

tag Iran gold

Gold Coin Drops

EghtesadOnline: 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.
|
Publish Date:09/April/2017 | 07:55

Gold Down, USD Up

EghtesadOnline: 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.
|
Publish Date:19/March/2017 | 11:19

Iran Jewelers Bemoan High VAT

EghtesadOnline: Jewelry shops across Tehran and Zanjan have pulled down their shutters for three days to protest the imposition of what they say is ‘high’ value added tax on their business. The 9% VAT comes at a time when the gold market is facing a prolonged slowdown in demand, says head of Zanjan Gold, Jewelry and Coin Union, Mohammad Safaie.
|
Publish Date:28/November/2016 | 20:30

Rise in Zarshouran’s Gold Extraction

EghtesdaOnline: More than 180,000 tons of gold ore were extracted from Zarshouran Gold Mine in the first half of the current Iranian year (started March 20), indicating a 64% jump compared to last year’s corresponding period, according to Mohammad Reza Ahmadi, managing director of the mine.
|
Publish Date:13/November/2016 | 19:09

Iran Gold Demand at 3-Year High in Q1

EghtesadOnline: Iran's gold demand more than tripled in the first quarter of 2018 while Saudi Arabia's dropped 15%, data released by the World Gold Council show.
|
Publish Date:05/May/2018 | 05:39

Gold, FX Rates Recede in Tehran

EghtesadOnline: A decline in foreign exchange rates and diminished demand has caused a drop of about 700,000 rials ($16.2) in the price of Bahar Azadi gold coin, meaning that gold coin prices have “balanced” and the bubble that had formed is no more, the head of Tehran’s Gold and Jewelry Union said.
|
Publish Date:07/January/2018 | 10:25

Gold, Currencies Up in Tehran Market

EghtesadOnline: Experiencing rather uneventful days, both the currency and gold markets registered small rallies on Tuesday to nullify (for the time being) promises made by the government and the Central Bank of Iran that the gold coin price and the US dollar’s exchange rate will moderate in the coming days.
|
Publish Date:20/December/2017 | 07:15

Gold Coin Loses Steam in Tehran Market

EghtesadOnline: After 10 auctions were held by Bank Melli Iran’s Bank Kargoshaee for deflating the bubble in gold coin prices, demand for the precious metal seems to be cooling.
|
Publish Date:19/December/2017 | 05:26

Gold Rally Cools, Not Its Bubble

EghtesadOnline: After gold coin’s continued rally in the past month, which pushed its value to the highest level in nearly six years in Tehran’s market on Monday, the yellow metal’s surge lost momentum over the coming days and recorded two significant drops consecutively on Wednesday and Thursday.
|
Publish Date:25/November/2017 | 09:32

Gold Coin Hits 4-Year High

EghtesadOnline: Gold coin prices registered consecutive growths during the past week to reach their four-year high in Tehran’s market on Saturday.
|
Publish Date:12/November/2017 | 05:36

USD, Gold Register Big Gains in Tehran

EghtesadOnline: The US dollar once again gained against rial on Monday in keeping with its bullish mode in Tehran’s foreign exchange market, which has raged since early autumn.
|
Publish Date:10/October/2017 | 09:48

Italian Technology to Boost Iran’s Gold Industry

EghtesadOnline: Iranian gold producers are taking measures to improve their international ranking by increasing the quality of their products, an official with Tehran Gold and Jewelry Union said.
|
Publish Date:11/September/2017 | 11:04

Iran's Gold Market Rally Fuelled by Rate Cuts

EghtesadOnline: As if the recent gold rally was not enough of a surprise, the precious metal continued to gain in strength in Tehran's market–this time fueled by the Central Bank of Iran's decision to get tougher on the interest rate cut's implementation.
|
Publish Date:04/September/2017 | 07:43

Gold Market Unaffected by Iran Elections

EghtesadOnline: Elections can disturb the gold market, but it has not witnessed any fluctuations so far, said the head of Tehran Gold and Jewelry Union.
|
Publish Date:23/April/2017 | 09:28

Gold, Iron, Molybdenum Veins Discovered

EghtesadOnline: New gold, iron ore and molybdenum veins have been discovered in Qizil Uzan mineral zone located in the northwestern Ardebil Province, an official with the Iranian Mines and Mining Industries Development and Renovation Organization announced.
|
Publish Date:16/April/2017 | 06:06

Gold Coin Drops as Short-Lived Rally Ends

EghtesadOnline: Bahar Azadi Gold Coin dropped by 150,000 rials or 1.15% in Tehran's market on Tuesday and fetched 12.20 million rials ($325), highlighting the fact that the recent rally was a short-lived bubble inflated by speculators.
|
Publish Date:15/March/2017 | 13:18

VAT Taking Heavy Toll on Gold, Jewelry Businesses

EghtesadOnline: Over the past two years, as many as 4,200 gold and jewelry businesses have closed shops across the country, said a board member of Gold and Jewelry Employers’ Association of Tehran Province, Hossein Pendarvand.
|
Publish Date:13/March/2017 | 24:36

Growth in Steel, Zinc, Gold Trade at IME

EghtesadOnline: Gteel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries Development and Renovation Organization reported.
|
Publish Date:23/January/2017 | 14:09

IME Begins Gold Options Trading

EghtesadOnline: Gold options trading started on Iran Mercantile Exchange on Wednesday. The options are being traded through brokers for the time being but, according to IME CEO Hamed Soltani-Nejad, their online trading will start when volume picks up.
|
Publish Date:31/December/2016 | 14:50