Iran’s Bahar Azadi gold coin price drops

Finance Materials 21 September 2022 17:51 (UTC +04:00)
Iran’s Bahar Azadi gold coin price drops
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, September 21. The new edition of Iran's Bahar Azadi gold coin was sold for about 142 million rials (about $3,380), on September 21, Trend reports citing the Iran Jewellery Association’s official website.

On September 20, the coin was sold for about 143 million rials (about $3,392).

The previous edition of the coin was sold for about 135 million rials (about $3,214), on September 21.

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 80 million rials (about $1,904), while the 1/4 coin is sold for 50 million rials (about $1,190).

The price of one gram of 18-karat gold stood at about 13 million rials (about $310), on September 20.

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.


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