Performance of Iran’s gold & currency markets on March 7

Business Materials 7 March 2018 17:26 (UTC +04:00)

Baku, Azerbaijan, March 7

By Khalid Kazimov – Trend:

The gold coin was traded in Iran at 15,895,000 rials (about $354.1 according to the currency rate in Iran's free market) on March 7, indicating a rise of 0.04 percent compared to the preceding day.

According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,499,01 rials (about $33.3), adding 0.05 percent.

According to the country’s real-time data sharing system, SANA, euro valued 55,670 rials in the free market, adding 1.03 percent. The Central Bank of Iran (CBI) put the official rate of euro at 46,452 rials.

The US dollar was traded at 44760 rials in the free market, 0.25 percent up compared to the preceding day. The CBI put the official rate for the US dollar at 37,415 rials.