...

Iran's Bahar Azadi gold coin price dips

Finance Materials 13 December 2021 18:00 (UTC +04:00)
Iran's Bahar Azadi gold coin price dips

BAKU, Azerbaijan, Dec. 13

By Elnur Baghishov – Trend:

The new edition of Iran's Bahar Azadi gold coin was sold for about 130 million rials (about $3,095) on December 13, Trend reports citing the Iran Jewellery Association’s official website.

As reported, on December 12, the coin was sold for about 131 million rials (about $3,107).

The previous edition of the coin was sold for 128 million rials (about $3,035) on December 13.

The other versions of the new Bahar Azadi gold coin (different in weight and with pure gold content) include 1/4 Bahar Azadi gold coins and 1/2 Bahar Azadi gold coins.

The 1/2 coin is worth 68 million rials (about $1,619), while the 1/4 coin is sold for 38 million rials (about $904).

The price of one gram of 18-karat gold stood at 12.8 million rials (about $306) on December 13.

The coins appeared in Iran following the victory of the Islamic Revolution in 1979. The Central Bank of Iran issued the coins, putting them up for wholesale and retail sales.

The old gold coins were minted from 1979 to 1991, after which the bank released new ones.

---

Follow the author on Twitter:@BaghishovElnur

Tags:
Latest

Latest