Financial Tribune - Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial.
The downward trend gained momentum on Tuesday when one dollar was traded below the supportive level of 120,000 rials for the first time in the ...
Financial Tribune - Mohammad Kashtiaray, president of the specialized gold commission at the Iran Chamber of Guilds, says the gold coin has lost 5% compared to last week
Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel ...
Financial Tribune - The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial.
The dollar was traded for 156,790 rials in Tehrans open market, another "super-resistance" level to be broken since the rial's freefall began six months ...
MNA The Central Bank of Iran (CBI) has eased currency rules and ordered the customs to allow merchants to bring foreign currency banknotes or gold into the country in a bid to curb further depreciation of the rial.
The Iranian government has eased foreign currency rules and has allowed licensedexchange offices and other persons to carry ...
RT - Once again, gold has proved itself to be the most reliable safe haven as more and more citizens in countries hit by US sanctions are hoarding the metal in an effort to protect their savings from collapsing national currencies.
Rising demand for gold in Iran and Venezuela has sent prices for the precious metal to unprecedented levels while ...
Financial Tribune- Iran's gold demand more than tripled in the first quarter of 2018 while Saudi Arabia's dropped 15%, data released by the World Gold Council show.
Iranians placed a lot more bets on gold in the first quarter after the local currency weakened to a record low and fears grew that the US would pull out of the nuclear deal, signaling ...
Press TV - Iran expects its gold production this year to hit record 6 tonnes - a valuable achievement in the words of Deputy Minister of Industry, Mine and Trade Jafar Sarqini.
The projected program for the year of 1396 was 7 tonnes of gold but we expect production of 6 tonnes, IRNA news agency quoted him as saying Wednesday.
Sarqini said ...
Financial Tribune - Mouteh Gold Mine produced 301 kilograms of gold ingots during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 78% growth compared with last years corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported.
A total of 70 kg were produced in the ...
Financial Tribune - Investors warmly greeted the underwriting of the Iranian capital markets first exchange-traded commodity on Iran Mercantile Exchange, as 80% of the units offered by Lotus Gold Fund were sold on Saturday.
The investment fund, offered by Lotus Investment Fund, has Bahar Azadi Gold Coin as its underlying asset and is set to have ...
Reuters- World stocks fell while safe-haven gold and German government bonds were in demand on Tuesday as tension in the Middle East, an election in Britain and upcoming testimony from the former head of the FBI pushed investors away from risky assets.
European stocks fell early on Tuesday after leading Arab powers cut ties with Qatar the previous ...
Financial Tribune- Elections can disturb the gold market, but it has not witnessed any fluctuations so far, said the head of Tehran Gold and Jewelry Union.
"Despite the fact that presidential candidates have already started their campaigns, gold market has remained steady. This shows that our domestic economy is formidable," Mohammad Keshti-Arai ...
3D Print.com- From February 15 to 18, the 9th International Exhibition of Gold, Silver, Jewelry, Watch and Related Industries(Iran Gold Expo 2017, for short) took place in Tehran. The jewelry industry is one that many people think of as fairly unchanging, and thats been the case for a long time its ancient craft that has been around for thousands ...
Financial Tribune- Gold options trading started on Iran Mercantile Exchange on Wednesday. The options are being traded through brokers for the time being but, according to IME CEO Hamed Soltani-Nejad, their online trading will start when volume picks up. The new options trading on the IME platform are offered on Emami gold coinsthe benchmark for gold ...
Al Monitor| Maysam BizaerMillennia after the discovery of gold, the metal continues to retainits value and status as precious and remains widely used. Its unique characteristics, including its malleability and resistance to corrosion, have madeinto a key element in medicine as well as in engineering and electronics. The significant economic advantages ...
TEHRAN, Mar. 16 (MNA) Iranian researchers at Faculty of New Sciences and Technologies, UT, have conducted a project on detecting cancer cells by using colorimetric method on laboratory samples.
Seyed Morteza Hosseini, the project manager, said the aim of the research was to design an efficient method for a quick and simple detection of cancercells ...
The first International Exhibition of Gold, Jewelry, Silver, Watch, Gemstones and Related Industries (Kish Goldex 2015) will be held on Kish Island on November 3-6, bringing together domestic and foreign companies, including those from Turkey, Italy, Thailand and India.
The first edition of Kish Goldex will showcase, among other things, various gold ...
(Reuters) -Iranhas played down the impact of U.S. sanctions that came into effect this week, but said the measures would complicate a resolution to the dispute over its nuclear programme.
The new sanctions, which came into effect on Monday, target trade with Iran's shipping and automobile sectors, gold sales to Iran and handling of the Iranian currency,...
The first American sanctions on Iran since amoderate cleric won the presidential electionthere on June 14 went into effect on Monday, expanding the number of penalized industries and imposing rules that theoretically could halt all gold and currency trade by the country.
Proponents of the latest round of sanctions said they could deprive the Iranians ...
Unregistered gold weighing 46.8 kilograms was founded in a semi truck during vehicle checks earlier today at the Grbulak border gate in the eastern province of A?r?.
A semi truck entering Turkey fromIranwas searched by teams from the Grbulak Customs Enforcement Directorate for Intelligence of Smuggling, who discovered the 82 gold bars.
The Iranian ...