Italian technology expected to boost Iran’s gold industry
Baku, Azerbaijan, Sep.9
By Khalid Kazimov – Trend:
Iranian gold producers are taking proper measures to improve their international ranking through increasing the quality of the products, an official with Tehran Gold and Jewelry Union told Trend.
Ahmad Vafadar has said that Iranian producers have recently imported state of the art technologies from Italy which would defiantly leave a positive impact on the industry in the near future.
Speaking about Iranian gold producers’ international ranking he said that the country currently is among the top six gold producers.
He further called for cooperation between entrepreneurs from his country and Azerbaijan in the gold industry, saying there are suitable opportunities for cooperation between the two neighboring countries.
Gold price has been in surge over the past weeks in Iranian market. Per gram of the 18-karat gold hit $ 32.3 (1.258 million rials) in the Iranian market on Sep. 7.
The surge in the global prices and a recent decision by the Central Bank of Iran appear to be among main reasons causing the price hike in the country’s gold market.