Iran’s Gold and Coin Market: A Key Economic Indicator Amidst Global Dynamics
Tehran, September 1, 2025 – The domestic gold and coin market remains a vital barometer of economic activity and a cornerstone of investment strategy within the Islamic Republic of Iran. As of the latest data on Monday, September 1st (Shahrivar 10, 1404), the market demonstrates its intrinsic link to both domestic economic policies and international financial trends.
Latest Market Rates: A Snapshot
The following table provides a comprehensive overview of the latest prices, a crucial reference for investors and consumers navigating this dynamic sector.
| Asset Type | Specific Item | Price (Rial) |
|---|---|---|
| Gold | 18 Karat / 750 | 89,467,000 |
| 24 Karat | 119,289,000 | |
| Second-hand Gold | 88,274,540 | |
| Melted Gold (<1kg) | 387,630,000 | |
| Mithqal of Gold | 387,470,000 | |
| Global Ounce (USD) | $3,448.00 | |
| Coins | Emami Coin (Single) | 976,500,000 |
| Bahar Azadi Coin (Single) | 895,800,000 | |
| Half Coin | 519,600,000 | |
| Quarter Coin | 310,600,000 | |
| Grami Coin | 157,300,000 |
Understanding the Market Drivers
The fluctuations in Iran’s precious metals market are influenced by a complex interplay of domestic and international factors. Key among these are:
- Global Gold Ounce: The international price of gold, denominated in US dollars, serves as a primary benchmark for the domestic market, reflecting broader global economic sentiments and demand for safe-haven assets.
- Foreign Exchange Rates: The value of the national currency against major foreign currencies is a significant determinant, as it directly impacts the cost of imported gold and influences investor behavior.
- Supply and Demand Dynamics: Domestic consumer demand for jewelry, coupled with investment appetite from individuals seeking to preserve asset value, creates the fundamental market forces that drive daily pricing.
- Government Economic Policies: Fiscal and monetary policies, including regulations on imports and market operations, play a defining role in shaping the market environment and ensuring its stability.
A Closer Look at Key Segments
Gold by Karat: The 18-karat gold standard, predominantly used in jewelry due to its ideal balance of purity and durability, is a primary pricing benchmark. The 24-karat variety, representing the purest form, is more common in industrial applications and bulk investment.
Second-hand and Melted Gold: The active market for pre-owned jewelry and melted gold (often traded in smaller bullion or bar forms) provides liquidity and alternative investment avenues, with prices closely aligned to the core market rates.
The Role of the Mithqal: The traditional unit of mithqal (approximately 4.608 grams) remains a fundamental measure for transactions within Iran’s gold markets, making its quoted price essential for traders and consumers alike.
This robust and multi-faceted market continues to function as a critical component of Iran’s financial landscape, offering citizens and investors a trusted mechanism for commerce and long-term value preservation. Staying informed of these precise rates is key to navigating the market effectively.