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Iran's Bahar Azadi gold coin price dips

Finance Materials 26 November 2023 18:29 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, November 26. The new edition of Iran's Bahar Azadi gold coin was sold for around 289 million rials (about $6,869) on November 26, Trend reports.

On November 25, the coin was sold for around 290 million rials (about $6,892).

The previous edition of the coin was sold for 255 million rials (about $6,071) on November 26.

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 153 million rials (about $3,630), while the 1/4 coin is sold for approximately 103 million rials (about $2,440).

The price of one gram of 18-karat gold stood at about 24.3 million rials (about $578) on November 26.

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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