EghtesadOnline: Bahar Azadi and Emami gold coin prices were higher 2% on Tuesday, extending their growth in the past few weeks.
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 rials ($345), according to the head of Iran’s Specialized Gold and Jewelry Commission at the Iran Chamber of Guilds.
EghtesadOnline: The benchmark Bahar Azadi gold coin gained on Tuesday, as both gold and foreign currency markets await greater stability in the wake of the government's rescue package that was unveiled last week.
EghtesadOnline: Emami gold coin in Tehran market rose significantly on Saturday to mark its biggest gain since March 21. According to Tehran Gold and Jewelry Union's website, the coin gained 160,500 rials ($4), and fetched 12,161,500 rials ($325). Bahar Azadi, another benchmark coin was traded for 11,750,000 rials ($314), slightly rising from the previous day's closing price.
EghtesadOnline: Bahar Azadi gold coin fell by 100,000 rials on Saturday, changing hands for 12.01 million rials ($320) in Tehran’s market to witness the end of its short-lived rally that started after the Norouz (Iranian New Year) holidays on April 2.
EghtesadOnline: Bahar Azadi Gold Coin dropped by 150,000 rials or 1.15% in Tehran's market on Tuesday and fetched 12.20 million rials ($325), highlighting the fact that the recent rally was a short-lived bubble inflated by speculators.
EghtesadOnline: The Bahar Azadi Gold Coin sold for 10.95 million rials ($343) Saturday in Tehran, marking 2.1% drop or 230,000 rials lower compared with Thursday’s close.