Tehran Market: Gold prices move toward relative calm

Financial Tribune – Gold prices are relatively stable according to the head of Iran’s Specialized Gold and Jewelry Commission. Speaking on state TV, Mohammad Keshti-Aray said the clam is due the decline in the international price and demand for the yellow metal and currency rates.

Bahar Azadi gold coin was sold at 43 million rials ($302) on Thursday while the price of half and quarter coins were 21.1 million rials ($148) and 11.6 million rials ($81) respectively,