gold prices
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Senior Gov’t Officials Talk Runaway Forex/Gold Prices
EghtesadOnline: First Vice-President Abbas Mokhber, Economy Minister Ehsan Khandouzi and the Governor of the Central Bank of Iran Mohammad Reza Farzin went to the Majlis on Saturday to brief…
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SGBs Driving Gold Prices
EghtesadOnline: An estimated 7 million gold coin bonds, the equivalent of 70,000 Bahar Azadi gold coins were sold in the capital market up until December 20 and are seen as pushing gold coin…
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Gold Prices Scale All-Time Highs
EghtesadOnline:The Emami gold coin rallied to an all-time high of 170 million rials on Sunday -- 1.39% higher on the day before.
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Gold, Currencies Under Pressure
EghtesadOnline: Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials.
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Gold Swings Like a Pendulum
EghtesadOnline: Gold prices swung like a pendulum Sunday in Tehran despite the certainty expressed by analysts that the fluctuations will fade soon and prices will continue to fall.
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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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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 Drifts in Negative Territory
EghtesadOnline: Apparently influenced by bearish trends in the local currency market, gold prices too are of the descending order in Tehran at a time when the precious metal is shining in the…
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Iran Currency, Gold Enter Bull Market
EghtesadOnline: Amid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in international gold prices.
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Gold Prices Slip in Tehran
EghtesadOnline: The benchmark Bahar Azadi Gold Coin that traded at 52.50 million rials ($375) in Tehran during the week, lost more than 7% by Thursday's market close and fetched 48.40 million…
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Tehran Market: Forex and Gold Surge Again
EghtesadOnline: Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000…
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Gold in Tehran Steady Despite Int’l Rally
EghtesadOnline: Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
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Iran: Gold Coin at 6-Month Low
EghtesadOnline: As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million…
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Tehran: Gold Coin Slips in Tandem With Currency Rates
EghtesadOnline: Gold prices in Tehran fell 10% during the week to November 29 following the drop in foreign exchange rates. Mohammad Kashtiaray, president of the Special Gold and Jewelry Commission…
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Tehran Market: Gold Prices Move Toward Relative Calm
EghtesadOnline: Gold prices are relatively stable according to the head of Iran’s Specialized Gold and Jewelry Commission. Speaking on state TV, Mohammad Keshti-Aray said the clam is due the…
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Gold Is Shaken by a Mysterious 2 Million-Ounce Trade
EghtesadOnline: So much for a quiet Friday in late August. After weeks of relative slumber, gold traders were rudely awoken to a surge in volume and volatility. In a span of one minute, gold…
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Gold's Rally Against Oil Is Just Beginning
EghtesadOnline: Even as some analysts decry that gold is looking expensive, the rally may be just getting going.
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Gold Surges to Highest Since Early June on Tame U.S. Inflation
EghtesadOnline: Gold futures extended gains to a nine-week high after a report showed U.S. consumer prices rose less than expected, weakening the case for the Federal Reserve to raise interest…
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Another Bullion Flash Crash Is Testing Traders
EghtesadOnline: After-hours surges and plunges that have whipsawed gold and silver prices over the past two weeks are unnerving traders.
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Yen, Gold Rise on Korea Worry; Asia Stocks Rebound
EghtesadOnline: Geopolitical concerns loomed over some financial markets for a second day, as saber-rattling over North Korea’s nuclear weapons program sent the yen and gold higher. Asian stocks…
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Gold Makes Run Toward $1,300 as Risk Flares From U.K. to Mideast
EghtesadOnline: Gold’s taking aim at $1,300 an ounce. The metal has rallied to the highest since November as investors position themselves for the outcome of the U.K. election and potential drama…
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Dollar Drops With Stocks, Bonds Gain Amid Caution
EghtesadOnline: The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Bonds gained with gold while oil fluctuated.
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Gold Seen Rising to Four-Year High as Fed ‘Gentle’ on Rates
EghtesadOnline: Gold may extend gains after climbing to the highest level in six weeks following disappointing monthly reports on U.S. employment and wages, according to two analysts attending…
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Gold Posts Biggest Weekly Loss Since November as Demand Wilts
EghtesadOnline: Gold futures had the biggest weekly loss since Donald Trump was elected president as better-than-expected U.S. jobs data further eroded demand for the metal as a haven.
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Gold Sinks Most in More Than Seven Weeks as French Tension Eases
EghtesadOnline: Gold sank the most in more than seven weeks as investors returned to riskier assets on speculation pro-growth centrist Emmanuel Macron will become France’s next president after…
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Gold Isn't Doing in Practice What It Should in Theory, Yet Again
EghtesadOnline: What works for gold in practice rarely works in theory. The last three U.S. interest-rate increases that should, all other things being equal, be bad for the metal have seen prices…
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Gold Burnishes Haven Credentials Ahead of Brexit Speech, Trump
EghtesadOnline: The new year has been kind to gold. Prices have advanced every day apart from a single session this month on a reappraisal of political and economic risks as the U.K. gets to…
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Deutsche Bank Records Said to Show Silver Rigging at Other Banks
EghtesadOnline: Eight months after Deutsche Bank AG settled a lawsuit claiming it manipulated gold and silver prices, documents it disclosed as part of the accord provide “smoking gun” proof…
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Gold Drops Near 10-Month Low as Dollar Wins After Italy Vote
EghtesadOnline: Gold fell near a 10-month low as the dollar strengthened following Italy’s vote against constitutional reform that prompted the country’s prime minister to resign.
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Global stocks, gold and bond prices slip on talk of ECB taper
EghtesadOnline: Asian shares and gold retreated on Wednesday and bond yields were near two-week highs as markets were rattled by a media report flagging the possible withdrawal of the European…