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Weekly performance of Iranian gold & currency markets

Business Materials 22 December 2017 20:19 (UTC +04:00)

Baku, Azerbaijan, Dec. 22

By Khalid Kazimov – Trend:

The price of one gram of the 18-karat gold increased by 0.34 percent over the last Iranian week to stand at 1,286,840 rials (about $30.7) on the weekend.

The price of Bahar-e Azadi (Spring of Liberty) gold coin did not change considerably over the week and stood at 13,610,000 ($325.2).

Meanwhile, the value of the US dollar against Iranian rial in the free market dropped by 0.21 percent to post 41,847 rials on Thursday. The Central Bank of Iran (CBI) put the official rate of the US dollar at 35,859 rials on Thursday, an increase of 0.73 percent compared to the preceding week.

According to the country’s real-time data sharing system, SANA, euro lost 0.32 percent to rest at 49,827 rials on the weekend. The official rate of euro increased by 1.03 percent to stand at 42,551 rials.

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