EghtesadOnline: Despite the fact that gold coin auctions organized by the Central Bank of Iran through Bank Melli’s Bank Kargoshaee were halted on Saturday, the regulator’s director of Office for Banknote Issuance announced later in the day that the auctions will continue.

EghtesadOnline: More than 9,500 gold coins were sold in the first week of auctions held at Bank Melli Iran-affiliate Bank Kargoshaee , the head of the affiliate said.

EghtesadOnline: Bank Melli Iran, through its affiliate Bank Kargoshaee , has launched a three-day auction to deflate the gold coin bubble in Tehran's 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.