“At present, gold coins are not being traded on the commercial scale (of higher than five) and I can actually say that no sales and purchases are being done because the risk margin is high and the market is moving cautiously in light of price shocks,” Mohammad Keshti-Aray also told ISNA on Tuesday. According to the union’s website, the benchmark Bahar Azadi gold coin, which was traded at an all-time high of almost 20 million rials ($477), lost close to 10% of its value and was traded for 17.9 million ($426). The Central Bank of Iran also canceled its gold coin auction scheduled for Tuesday, according to Financial Tribune.