...

Iran's Bahar Azadi gold coin debases in price

Iran Materials 25 April 2024 15:28 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, April 25. The new edition of Iran's Bahar Azadi gold coin was sold for 421 million rials (about $10,023) on April 24, decreasing from 423 million rials (about $10,071) on April 24, the Iran Jewellery Association's web portal said, Trend reports.

Meanwhile, the prior edition of the coin was sold for 392 million rials (about $9,333).

The other versions of the new Bahar Azadi gold coin (different in weight and content) include 1/4 Bahar Azadi gold coins and 1/2 Bahar Azadi gold coins.

A 1/2 gold coin was sold for about 248 million rials (about $5,904), and a 1/4 gold coin was sold for about 149 million rials (about $3,547).

The price of one gram of 18-karat gold stood at 35.3 million rials (about $839).

To note, the coins appeared in Iran following the victory of the Islamic Revolution in 1979. The Central Bank of Iran issued the coins, making them available for wholesale and retail sales.

The old gold coins were minted between 1979 and 1991, following which the bank issued new ones.

Stay up-to-date with more news on Trend News Agency's WhatsApp channel

Tags:
Latest

Latest