Azerbaijan, Baku, May 2/Trend M. Moezzi
The gold and foreign currency prices have continued to slide on Iran's markets today.
Old design gold coins cost $555 (USD) on the free market while new design coins fetched $545, the Iranian Students' News Agency (ISNA) reports. The Central Bank of Iran mints and sells the coins.
One gram of 18 karat gold was being sold for about $56 today.
Yesterday, old design coins cost nearly $559 and new design coins were sold for $550.
The U.S. dollar was selling for 17,100 to 17,200 rials. Although that price is still higher than the government-set rate of 12,260 rials, it marks a decline from the 20,000 rial to the dollar rate at the start of the year.
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