EghtesadOnline: Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility.
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: Foreign exchange and gold coin prices jumped on Saturday as the trading week opened in an overcast Tehran.
EghtesadOnline: Bahar Azadi and Emami gold coin prices were higher 2% on Tuesday, extending their growth in the past few weeks.
EghtesadOnline: Currency rates and gold coin prices dropped in Tehran’s market last week.
EghtesadOnline: Gold coin prices fell 30% in the past 12 months from 55 million rials last October to around 40 million rials now.
EghtesadOnline: Taxing gold coins should not push up prices of the yellow metal because the tax is to be levied on wholesalers who pre-purchased coins from the Central Bank of Iran, says the president of the special gold commission at the Iran Chamber of Guilds.
EghtesadOnline: An official with Iranian National Tax Administration says those who have not sold the pre-purchased gold coins or used it for reimbursing their marriage portion liabilities will be exempt from the new gold coin tax rules.
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.