Gold and Coin Markets Surge as Key Price Thresholds Loom
Market Overview: A Significant Upward Trend
Recent analysis of Iran’s gold and coin markets indicates a notable upward trajectory. Current figures place gold within the 11.4 million Toman range per gram, while the benchmark Emami coin has entered the 119 million Toman channel, approaching a significant new threshold.
Gold Prices Climb Across the Board
As of Thursday, the market has registered increases across all categories of gold. The price for one gram of 18-karat gold has risen to 11,496,000 Toman, reflecting an increase of 141,000 Toman. Similarly, one Mithqal of 18-karat gold reached 49,803,000 Toman, marking a substantial rise of 606,000 Toman. The price of 24-karat gold per gram also saw an upward adjustment, settling at approximately 15,329,000 Toman after a 188,000 Toman increase.
Coin Market Nears a Major Milestone
The coin market has mirrored this bullish trend, with prices moving closer to the 120 million Toman barrier. The Emami coin, a key market indicator, is now trading at 119,195,000 Toman, representing a significant single-day increase of 1,690,000 Toman. Other coin categories also experienced gains:
- The Bahar Azadi coin rose by 870,000 Toman to 113,160,000 Toman.
- The half-coin increased by 450,000 Toman, reaching 61,500,000 Toman.
- The quarter-coin saw a price of 35,500,000 Toman after a 150,000 Toman rise.
This collective surge in precious metal and coin values is closely watched by market analysts as a significant development in the national economy.