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Price of Iran's Bahar Azadi gold coin down

Finance Materials 16 August 2023 21:30 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, August 16. The new edition of Iran's Bahar Azadi gold coin was sold for 279 million rials (about $6,642) on August 16, Trend reports.

On August 15, the coin was sold for 280 million rials (about $6,666).

The previous edition of the coin was sold for 248 million rials (about $5,904) on August 16.

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 150 million rials (about $3,571), while the 1/4 coin is sold for 100 million rials (about $2,380).

The price of one gram of 18-karat gold stood at 23.1 million rials (about $551) on August 16.

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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