Iran's Bahar Azadi Gold Coin Decreases In Price

2024-04-20 10:08:06

(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 20. The new edition ofIran's Bahar Azadi gold coin was sold for 431 million rials (about$10,261) on April 20, decreasing from 449 million rials (about$10,690) on April 18, the Iran Jewellery Association's web portalsaid, Trend reports.

Meanwhile, the prior edition of the coin was sold for 401million rials (about $9,547).

The other versions of the new Bahar Azadi gold coin (differentin weight and content) include 1/4 Bahar Azadi gold coins and 1/2Bahar Azadi gold coins.

A 1/2 gold coin was sold for about 255 million rials (about$6,071), and a 1/4 gold coin was sold for about 155 million rials(about $3,690).

The price of one gram of 18-karat gold stood at 36.9 millionrials (about $878).

To note, the coins appeared in Iran following the victory of theIslamic Revolution in 1979. The Central Bank of Iran issued thecoins, making them available for wholesale and retail sales.

The old gold coins were minted between 1979 and 1991, followingwhich the bank issued new ones.

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