Central Bank Launches Fourth Round of Pre-Sale Gold Coin Scheme to Stabilize Market
Tehran – In a strategic move to manage market dynamics, the Central Bank of Iran has announced the launch of the fourth phase of its pre-sale gold coin initiative. The scheme, which begins tomorrow, is a key component of the government’s economic stabilization policies.
A Strategic Economic Measure
With recent fluctuations in the foreign exchange rate and the value of gold, the Central Bank has reintroduced its pre-sale program. Starting Monday, September 8, 2025, one million gold coins will be made available for purchase at a predetermined, exclusive price.
The base price for a full “Azadi” gold coin, scheduled for delivery in December 2025, has been set at 83 million and 222 thousand tomans. This represents a significant discount—approximately 10 million tomans—compared to the average free market price of 93 million tomans as of September 6. This pricing structure is based on carefully calculated metrics, including a controlled exchange rate and a specific global gold ounce valuation.
Pricing and Participation Details
The pre-sale offers coins at the following fixed rates:
- Full “Emami” Azadi Gold Coin (minted year 2007): 83,222,000 tomans
- Half Azadi Gold Coin: 44,119,000 tomans
- Quarter Gold Coin: 25,775,000 tomans
The payment window for participation opened on Thursday, September 4, at 8:00 AM and will remain open until 10:00 AM on Monday, September 8.
Policy Objectives and Market Impact
Economic analysts view this initiative as a multi-faceted tool. It is designed not only to meet the physical demand for gold but also to exert downward psychological pressure on the spot market. The previous three phases, which saw the successful delivery of over 760,000 coins, demonstrated the potential of such measures to contribute to market calm.
The long-term efficacy of this policy, however, is contingent upon consistent supply, the precise fulfillment of delivery commitments, and the continued management of currency fluctuations. Experts caution that any delays in delivery or unforeseen shocks in the forex market could offset the scheme’s benefits and potentially fuel inflationary expectations.
The substantial price differential is expected to attract significant demand away from the open market, directing it toward this regulated channel. The ultimate success of this policy is intrinsically linked to sustained and careful economic management.
