Gold and Coin Prices Rise; 18-Karat Gold Returns to 26 Million Toman Level

Gold and coin prices in Tehran's market rose today, Wednesday, Mehr 22, 1405. Each gram of 18-karat gold rose by more than 400,000 toman to 26,093,000 toman, and the new-design coin reached 267 million toman.

The price of gold and coins in Tehran market increased today, Wednesday, October 22, 1405; Each gram of 18 carat gold increased by more than 400 thousand tomans to 26 million and 93 thousand tomans and the new design coin reached 267 million tomans.

According to Mehr reporter, the latest trading data of Tehran Gold and Jewelry Union shows that the price of all kinds of gold and coins in the domestic market has increased today; So that 18-karat gold has increased by more than 400 thousand tomans and the new design coin by more than 7.7 million tomans compared to the average price of the previous day.

Increase in the price of 18 and 24 karat gold

According to the latest recorded rates, each gram of 18 carat gold has increased by 400 thousand 232 tomans, equivalent to 1.56%, to 26 million 93 thousand 100 tomans.

24-carat gold is also priced at 34,787,000 tomans with an increase of 533,866 tomans compared to the average of the previous day.

Also, the price of Tehran has increased by 1,733,866 tomans to 113,30,000 tomans.

The coin of the new design reached 267 million tomans

In the coin market, the new design coin has reached 267 million tomans with an increase of 7,763,582 tomans compared to the average of the previous day. This increase is equivalent to 2.99 percent.

The old design coin is worth 256 million 500 thousand tomans with an increase of 3 million 204 thousand 388 tomans.

The half coin reached 140 million 900 thousand tomans with an increase of 2 million 672 thousand 60 tomans and the quarter coin is traded at 76 million tomans with an increase of 3 million 692 thousand 806 tomans.

Among the types of coins, the quarter coin has recorded the highest relative price increase with a growth of 5.11%. The one-gram coin has also reached 36 million tomans with an increase of 280,507 tomans.

The increase in prices in the domestic market occurred in a situation where the global ounce of gold dropped by about 19 dollars and reached the range of 4144 dollars. On the other hand, the dollar in the informal market has returned to the channel of 260 thousand tomans with an increase of about 5 thousand tomans.

In this way, contrary to the direction of the global ounce, the growth of the dollar rate has helped to increase the price of gold and coins in the domestic market; An issue that once again shows the simultaneous role of two variables, the global ounce and the exchange rate, in determining domestic prices.