...

Price of Iran's Bahar Azadi gold coin rebounds

Finance Materials 31 October 2023 18:01 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, October 31. The new edition of Iran's Bahar Azadi gold coin was sold for approximately 297 million rials (about $7,059) on October 31, Trend reports.

On October 30, the coin was sold for approximately 292 million rials (about $6,940).

The previous edition of the coin was sold for 259 million rials (about $6,166) on October 31.

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 approximately 156 million rials (about $3,702), while the 1/4 coin is sold for 106 million rials (about $2,523).

The price of one gram of 18-karat gold stood at 25.1 million rials (about $598) on October 31.

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 X (Twitter):@BaghishovElnur

Tags:
Latest

Latest