...

Iran’s Bahar Azadi gold coin price surges

Finance Materials 30 April 2023 18:08 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, April 30. The new edition of Iran's Bahar Azadi gold coin was sold for 341 million rials (about $8,119), on April 30, Trend reports citing the Iran Jewellery Association’s official website.

On April 29, the coin was sold for approximately 329 million rials (about $8,059).

The previous edition of the coin was sold for 305 million rials (about $7,261), on April 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 194 million rials (about $4,619), while the 1/4 coin is sold for 125 million rials (about $2,976).

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

---

Follow the author on Twitter:@BaghishovElnur

Tags:
Latest

Latest