...

Iran gold prices mirror worldwide drop

Iran Materials 16 May 2012 17:59 (UTC +04:00)

Azerbaijan, Baku, May 15/Trend M. Moezzi

The price for gold coins dropped $20 in one day on Iran's market, a reflection of precious metals' continuing decline worldwide.

An old design gold coin cost $522 today, compared to $542 yesterday, while a new design coin was valued at $509 versus $534 yesterday. Gold coins are minted and sold by Iran's central bank.

The price for one gram of 18 karat gold was pegged at $50 today, down from $54 yesterday.

Tags:
Latest

Latest