Performance of Iran’s gold & currency markets on Oct. 25

Business 25 October 2017 19:49 (UTC+04:00)

Baku, Azerbaijan, Oct. 25

By Khalid Kazimov – Trend:

Gold coin was traded at 13,080,000 rials (about $324.4 according to the currency rate in free market) in Iranian market on Wednesday, indicating a drop by 0.23 percent compared to Tuesday.

According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,227,970 rials (about $30.4), 0.15 percent more compared to the preceding day.

According to the country’s real-time data sharing system, SANA, euro valued 47,505 rials in the free market. The Central Bank of Iran (CBI) put the official rate of euro at 40,470 rials.

The US dollar gained 173 rials to post 40,311 rials in the free market. The CBI put the official rate for the greenback at 34,422 rials.

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