Gold Markets in Focus: A Snapshot of Domestic and Global Trends
Tehran – As global economic factors continue to influence domestic markets, the price of gold remains a key indicator for investors and policymakers alike. Here is a detailed look at the latest figures from the Iranian market.
Morning Market Overview
According to reports from analytical news sources, the following prices were recorded for various gold and coin types on the morning of Tuesday, September 1, 2024 (Shahrivar 10, 1404). Prices are listed in Iranian Tomans.
- Emami Coin: 97,510,000
- Half Coin: 52,400,000
- Quarter Coin: 31,100,000
- Grami Coin: 15,800,000
- Per Gram of 18K Gold: 8,940,700
- Global Gold Ounce: $3,448
Afternoon Price Adjustments
By the afternoon, prices saw adjustments as reported by leading economic outlets. The data reflects the dynamic nature of the market, responding to both internal demand and international financial currents.
Gold (Per Gram)
- 18K Gold (750): 89,467,000
- 18K Gold (740): 88,275,000
- Melted Gold (under kilo): 387,630,000
Coins (Retail)
- Emami Coin: 976,500,000
- Bahar Azadi Coin: 895,800,000
- Half Coin: 519,600,000
- Quarter Coin: 310,600,000
- Grami Coin: 157,300,000
Premium Analysis
The data also includes the premium, or “Hebab,” for various coins, a critical metric for traders. The Emami Coin premium was noted at 124,290,000, while the Bahar Azadi Coin premium was recorded at 44,190,000.
The stability and performance of the gold market are closely watched, reflecting broader economic conditions and serving as a traditional safe-haven asset for many.