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Performance of Iran’s gold & currency markets on Oct. 16

Business Materials 16 October 2017 18:58 (UTC +04:00)

Baku, Azerbaijan, Oct. 16

By Khalid Kazimov – Trend:

Gold coin was traded at 13,157,000 rials (about $328.5 according to the currency rate in free market) on Monday in Iranian market.

According to data on the website of the Tehran Gold and Jewelry Union, One gram of the 18-karat gold was priced at 1,245,000 rials (about $31).

According to the country’s real-time data sharing system, SANA, euro valued 47,499 rials in the free market adding 72 rials compared to the preceding day. The Central Bank of Iran (CBI) put the official rate of euro at 40,390 rials.

The US dollar gained 39 rials to post 40,051 rials in the free market. The CBI put the official rate for the greenback at 34,209 rials.

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