...

Price of Iran's Bahar Azadi gold coin keeps thriving

Finance Materials 11 January 2024 14:45 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, January 11. The new edition of Iran's Bahar Azadi gold coin was sold for 321 million rials (about $7,642) on January 11, Trend reports.

On January 10, the coin was sold for 317 million rials (about $7,547).

The previous edition of the coin was sold for 287 million rials (about $6,833) on January 11.

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 180 million rials (about $4,285), while the 1/4 coin is sold for around 118 million rials (about $2,797).

The price of one gram of 18-karat gold stood at 26.1 million rials (about $622) on January 11.

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