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Iran's Bahar Azadi gold coin price up

Finance Materials 30 March 2023 14:36 (UTC +04:00)
Iran's Bahar Azadi gold coin price up
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 30. The new edition of Iran's Bahar Azadi gold coin was sold for 328 million rials (about $7,809), on March 30, Trend reports citing the Iran Jewellery Association’s official website.

On March 29, the coin was sold for 322 million rials (about $7,666).

The previous edition of the coin was sold for 299 million rials (about $7,119), on March 30.

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 196 million rials (about $4,666), while the 1/4 coin is sold for 118 million rials (about $2,809).

The price of one gram of 18-karat gold stood at approximately 27.3 million rials (about $650), on March 30.

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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