Gold
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Demand for Gold, Forex Still High
EghtesadOnline: Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal.
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Forex Rates and Gold Climb
EghtesadOnline: Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.
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Gold Slips, Dollar Flat
EghtesadOnline: After rising a session earlier, the US dollar lost momentum on Monday and stayed unchanged apparently after political tensions impacting investor sentiments eased.
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Forex Rates and Gold Back to Record Highs
EghtesadOnline: After a brief lull, currency rates again rallied against the rial on Sunday. The dollar was quoted at 273,000 rials in Tehran’s open market, up 7,000 rials, or 2%.
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Currency, Gold Keep Climbing
EghtesadOnline: Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of the previous week.
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Iran's Zarshouran Gold Output Tops 360 Kg in Five Months
EghtesadOnline: Zarshouran Gold Mine produced a total of 367 kilograms of gold ingots in the first five months of the current Iranian year (March 20-Aug. 21), registering a 23% rise compared…
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Forex, Gold Move Higher in Tehran
EghtesadOnline: After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday with the dollar gaining more than 5,000 rials in Tehran’s open market.
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3 Tons Added to Iran's Annual Gold Ingot Output Capacity
EghtesadOnline: Zar-Kouh Mining Company in the western Kurdestan Province of Iran has launched a new gold mine, which is expected to add 3,000 kilograms to the country's total annual gold ingot…
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Jewelry Buyers Have to Show ID Card
EghtesadOnline: Gold buyers should henceforth present national ID cards to able to purchase jewelry from shops, head of the Tehran Gold and Jewelry Union said.
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Mining Sector’s Water Consumption Untenable
EghtesadOnline: The Majlis Research Center, the research arm of the parliament, says how average amount of water used to produce metals, namely gold and copper, in Iran is five times above internation…
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Gov’t Levies Tax on Buyers of Gold Coins
EghtesadOnline: The Iranian National Tax Administration announced tax brackets on buyers of gold coins in the last fiscal year (March 2019-20).
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Tehran Market: Forex and Gold Fall Together
EghtesadOnline: The US dollar dropped by 21,000 rials on Sunday, losing close to 9% against the rial. The decline soon extended to bullion market, causing gold prices to fall about 10%.
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Gold in Tehran Hits Another Peek
EghtesadOnline: Gold coins recorded further increase on Wednesday with another 2.8% growth in prices compared to the previous day's close.
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Gold Slips, Dollar Stable in Tehran Market
EghtesadOnline: Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday.
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Gold Steps Back From Historic High
EghtesadOnline: Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier.
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Forex and Gold Firm in Tehran Market
EghtesadOnline: Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central…
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Currency Stable, Gold Falters
EghtesadOnline: Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide.
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Currency and Gold Slump in Tehran Market
EghtesadOnline: Currencies took a drubbing in Tehran after rallying for seven consecutive days and the decline soon extended to gold prices.
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Forex, Gold Rise Again in Tehran
EghtesadOnline: The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level.
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Forex, Gold Rise Again in Tehran
EghtesadOnline: The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level.
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Gold, Forex Slide in Tehran Market
EghtesadOnline: After a concerning pattern of hikes in the price of gold and foreign currency in Tehran, both assets registered decline in Monday trade.
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Gold and Forex Rise to Historic Levels in Tehran
EghtesadOnline: The price of Emami gold coin rallied to an all-time high of 80 million rials ($410) on Sunday to post a 2.55% increase compared to Saturday's close. Forex rates also continued…
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Dollar, Gold March Higher in Tehran Market
EghtesadOnline: The US dollar added another 2,500 rials on Thursday in Tehran's free market to close trade at 187,500 rials -- the highest closing price ever.
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Gold Coin Edges Lower
EghtesadOnline: The price of Emami gold coin fell by 2.2% on Saturday in Tehran after posting a near permanent increase for weeks.
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Tehran Forex, Gold on a Tear
EghtesadOnline: The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and 194,000 rials in Tehran's open market.
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Iran: USD at 20-Month High, Gold Up
EghtesadOnline: Price of the US dollar passed over 170,000 rials in Tehran on Tuesday, hitting a 20-month high. Emami gold coin also recorded an all-time high on Tuesday climbing to an unseen…
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In Iran's Fiscal 2019-20: Stocks Defy Forex and Gold
EghtesadOnline: A review of the performance of financial markets in the 2019-20 fiscal shows investment in the currency and gold market yielded the lowest returns, and the stock market delivered…
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3 Reasons Why Soaring Gold Prices Could Crash in 2020
EghtesadOnline: If anyone is benefiting from the coronavirus pandemic, it’s gold investors. Gold prices have soared over the last several months, with the metal up 13.74% year-to-date compared…
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Gold Market to Reopen Today
EghtesadOnline: Iran’s gold market will reopen on Monday following a month-long hiatus due to restrictions ordered by the government on almost all businesses to impede spread of the coronavirus.
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Iran’s Gold Extraction Hit 8.5m Tons Last Year
EghtesadOnline: Around 8.5 million tons of gold were extracted from Iranian mines during the last fiscal year that ended on March 19, 2020, according to the head of Iran's Mine House.