Gold
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Sari Guni Mine: Biggest Gold Producer in Iran
EghtesadOnline: Sari Guni gold mine is Iran’s biggest producer of the precious metal with proven reserves of 41 million tons of 24.1-carat gold and an annual output of 5 tons, according to a…
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Sovereign Gold Bond Scheme Opens at IME
EghtesadOnline: The Central Bank of Iran has launched the initial public offer for Bahar Azadi Gold Coin Bonds at the Iran Mercantile Exchange (IME).
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Forex, Gold Prices Higher
EghtesadOnline: Forex and gold prices increased again in Tehran’s free market on Monday amid renewed diplomatic efforts to revive the landmark Iran nuclear deal.
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Forex Down, Gold Sends Mixed Signals
EghtesadOnline: After a brief rally in the session before, foreign exchange rates retreated on Wednesday in Tehran’s unofficial market.
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Forex Falls With Gold
EghtesadOnline: After a short-lived rally a session earlier, currency prices paused Monday dragging down prices in the domestic bullion market.
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New VAT Rule on Gold Trade Comes Into Force
EghtesadOnline: The Iranian National Tax Administration in a notice announced that new value added tax (VAT) on trade in gold and other precious metals will be applicable from Monday.
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Currencies, Gold Little Changed
EghtesadOnline: Forex and gold prices saw meager growth on Monday except for the Turkish lira that posted another significant drop during the day.
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Decline Extends in Forex, Gold Prices
EghtesadOnline: Foreign currencies Monday continued on the descending order that started on Saturday, paring more past gains.
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Currency, Gold Trim Gains
EghtesadOnline: Foreign currency and gold prices retreated from the recent highs on Sunday following some positive reports, particularly those related to reviving Iran’s nuclear deal.
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Revised VAT for Gold, Jewelry
EghtesaOnline: New regulations governing value added tax on gold trade will come into effect in January, the vice president of the Tehran Gold and Jewelry Union said.
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Currencies Advance But Gold Retreats
EghtesadOnline: Foreign exchange rates continued to rise Tuesday in Tehran’s open market extending an ascending order that started on Saturday.
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Dollar at 8-Month High, Gold Climbs
EghtesadOnline: The dollar reached 284,240 rials on Thursday in Tehran’s open market, the highest rate since the beginning of the calendar year in March 2021.
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Currency, Gold Edge Higher
EghtesadOnline: Foreign exchange rates advanced on Sunday for the second straight day in Tehran’s open market pushing up the domestic bullion market.
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Currency, Gold Pare Losses
EghtesadOnline: Foreign exchange rates on Tuesday pared most of loss incurred on Thursday and in the process lifted gold prices in the domestic market.
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Gold Outpaces Forex in Tehran’s Market
EghtesadOnline: Prices in the currency and gold markets surged Sunday after some stability in four sessions. However, the precious metal outpaced forex rates buoyed by rising trends in international…
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Currency, Gold Pull Back
EghtesadOnline: After days of consecutive rallies, foreign exchange and gold prices dropped in Tehran on Sunday spurring a bout of selling.
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Currency Rises, Gold Slips
EghtesadOnline: Foreign exchange rates increased for the third consecutive session on Monday with the dollar quoted as high as 258,500 rials in Tehran open market.
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Forex Slips, Holds Back Gold
EghtesadOnline: The rising trend in Tehran’s foreign exchange market bucked on Sunday along with gold prices.
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Currency, Gold Edge Higher
EghtesadOnline: In wake of the rising trend that started last week, the US dollar crossed above the critical 250,000 rials on Tuesday in Tehran’s open market.
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Currency, Gold Edge Higher
EghtesadOnline: In wake of the rising trend that started last week, the US dollar crossed above the critical 250,000 rials on Tuesday in Tehran’s open market.
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VAT Relief Expected to Lift Gold Market
EghtesadOnline: Gold traders will benefit from the new government decision to adjust value added tax on gold trade, head of the Mashhad Gold and Jewelry Union said.
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Currency, Gold Slightly Higher
EghtesadOnline: Forex and gold prices posted slight gains on Tuesday in Tehran paring some earlier losses.
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IME to Launch Gold-Backed Futures
EghtesadOnline: Iran Mercantile Exchange will soon launch futures contracts backed by gold exchange-traded funds, the IME deputy head for market development said.
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Currency, Gold Retreat in Tehran
EghtesadOnline: Forex rates declined on Monday pulling down gold prices in the Iranian market. The dollar retreated after breaking past the critical 230,000 rial at the start of trading week…
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Currency and Gold Climb in Iran
EghtesadOnline: Currency and gold prices increased on Monday contrary to expectations of the Central Bank of Iran that rates will decline as the Iran nuclear talks in Vienna make progress.
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Tehran Gold Prices Fade Along With Demand
EghtesadOnline: Gold prices in Tehran continued to decline on Monday amid lack of demand due to the closure of markets.
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Gold Prices Ease Amid Lockdown
EghtesadOnline: Gold prices declined again in Tehran on Saturday amid widespread closure of markets and despite lukewarm trends in the foreign exchange market.
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Currency, Gold Drop in Tehran
EghtesadOnline: Foreign exchange rates dropped on the last day of trading week Thursday, distressing prices in the domestic bullion market.
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Slight Surge in Forex, Gold Prices
EghtesadOnline: Foreign exchange rates rose again on Tuesday with the dollar surging above the critical 250,000 rials level.
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Gold, Currency Slump in Tehran
EghtesadOnline: The domestic bullion market opened lower on Saturday influenced by the downside in international gold markets.