Fluctuations in the Persian Market: Impact of Dollar and Gold Prices
The dollar is being traded at around 55,000 tomans in the free market. The coin bubble has also accompanied this increase, raising its price to 6,100,000 tomans. The gold market has been affected by tensions in West Asia, with the global ounce price exceeding $2,000. The decrease in the value of the dollar and the profits from US Treasury bonds have increased the price of gold, and in the live auction of Iran’s standard gold bars, 34 out of 46 pieces have been traded. In today’s transactions, the exchange rate for the half-dollar of the US dollar is 42,921 tomans, and the exchange rate for the half-euro is 46,147 tomans. Meanwhile, in the free market, the dollar and the euro are being traded at prices of 55,351 and 59,070 tomans respectively. Today’s prices for gold coins are as follows: New Design Liberty Gold Coin: 32,350,000 tomans, Old Design Liberty Gold Coin: 29,700,000 tomans, Half Liberty Gold Coin: 17,950,000 tomans, Quarter Liberty Gold Coin: 11,050,000 tomans, Gold Bullion: 5,700,000 tomans, Tehran Mithqal: 12,046,000 tomans, 18-carat Gold per gram: 2,780,800 tomans, 24-carat Gold per gram: 3,691,000 tomans, Global ounce: 2,034 dollars, Dollar: 55,351 tomans, Euro: 59,070 tomans.