EghtesadOnline: Despite several schemes by the Central Bank of Iran to satisfy the supply side, the gold coin rally has come a long way since the early days of the current fiscal year (started March 21).
EghtesadOnline: The Central Bank of Iran is preparing the gold market to issue bond certificates for the pre-purchase of gold coins in the capital market, the secretary-general of the monetary regulator has announced.
EghtesadOnline: A new bull run has started in Iran's gold coin market, on the back of the rally that intensified in the current week.
EghtesadOnline: The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website.
EghtesadOnline: Bahar Azadi gold coin continued its upward trend to gain 800,000 rials ($19) over the four-day period ending Thursday, to close the week at 22.5 million rials.
EghtesadOnline: As the price of all gold coins continued to rise in Tehran’s market, the Central Bank of Iran on Saturday halted the sale of gold coins with six-month maturities.
EghtesadOnline: The Central Bank of Iran expects gold coin prices to approach their real levels in the next few weeks, the director of CBI’s Office for Banknote Issuance said.
EghtesadOnline: When the Central Bank of Iran abruptly announced the unification of the US dollar's exchange rate from Tuesday, the gold market reacted swiftly and prices declined.
EghtesadOnline: The Central Bank of Iran is to resume its auction and presale of gold coins as of Saturday.
EghtesadOnline: On Thursday, which marked the last trading day in Iran’s markets, gold coin had a slight drop of 25,000 rials ($0.51) and fetched 16.33 million rials ($336), Banker.ir, an analytical news website, reported.