27 Nov 2024
Wednesday 15 April 2020 - 16:19
Story Code : 373853

Gold coin prices stable amid virus restrictions

Financial Tribune - Gold and gold coin prices were relatively stable on Tuesday in Tehrans market, where gold and jewelry stores are still barred from opening due to government restrictions on businesses to curb the spread of the coronavirus.

According to Tehran Gold and Jewelry Unions website, the price of Emami Gold Coin declined 0.1% and was worth 65 million rials ($406) on Tuesday. The coin ended Monday trade at 65.03 million rials. Likewise, 18-karat gold was worth 6.4 million rials per gram -- a subtle 0.04% increase compared to Mondays close.

The stability in prices comes after two months of persistent increase, during which the Emami gold coin price increased from 57 million rials to 65 million rials.
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