Mon Apr 14 08:40:00 UTC 2025: ## Sharp Drop in Gold and Coin Prices in Iran Amidst Global Market Stability
**Tehran, Iran –** Gold and coin prices in Iran experienced a significant drop today, according to the Tehran Gold and Jewelry Union. While the global gold price remained steady at $3238 per ounce due to international market closures, Iranian prices plummeted due to a decrease in the exchange rate and positive domestic political and economic news.
The head of the Tehran Gold and Jewelry Union, in an interview with the Tala website, stated that the current prices reflect no market bubble compared to global rates, encouraging public purchases of gold and coins.
Significant price reductions were observed across the board: The price of a new-design coin fell by 13.5 million tomans, the old-design coin by 10.7 million tomans, half-coins by 8.5 million tomans, quarter-coins by 3.1 million tomans, and central bank coins by 900,000 tomans. 18-karat gold also dropped by 986,000 tomans per gram. (Specific prices for April 24th, 2024, were listed in a table in the original source but are omitted here for brevity).
The union emphasized that prices are updated daily, not in real-time. The reported figures reflect the market at the time of reporting.
First Piper 