EghtesadOnline: Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21.
EghtesadOnline: In the first three quarters of the current fiscal year that ends in March, average price of one Emami gold coin reached 44.097 million rials ($330), which was 32% higher compared to the same period last year.
EghtesadOnline: Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market began responding to de-escalation of political and military tensions in the region.
EghtesadOnline: Bahar Azadi and Emami gold coin prices were higher 2% on Tuesday, extending their growth in the past few weeks.
EghtesadOnline: The US dollar was traded above the psychological level of 130,000 rials on Saturday and was worth 132,000 rials in Tehran’s open market -- the highest in the past five months.
EghtesadOnline: Currency rates and gold coin prices dropped in Tehran’s market last week.
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 global market.
EghtesadOnline: Gold coin prices fell 30% in the past 12 months from 55 million rials last October to around 40 million rials now.
EghtesadOnline: An innovation by an Iranian scholar received the top award at the 4th International Invention Innovation Competition in Canada, iCAN 2019.
EghtesadOnline: Traditionally influenced by domestic currency rates, Iran’s gold market has moved away and taken a different route since the past week amid soaring prices in global markets.