Global Gold Price Breaks Records, Bringing Coin Prices in Iran Close to 43 Million

Reports indicate that the price of gold per ounce in global markets has broken records with a 1.9% increase, rising by $49 to reach $2,277; an event that has brought the price of gold coins in Iran close to 43 million tomans. According to this report, the global gold price has increased by $90 over the past week, indicating a growth of 4.1%. In the Iranian market, the price of gold coins, influenced by Israel's attack on a Revolutionary Guard base near the Islamic Republic's consulate in Damascus, had surpassed 42 million tomans, reaching over 42.5 million tomans at the start of today's market activity. Following the price surge, the ILNA news agency quoted the vice president of the Gold and Jewelry Union stating that 'the global ounce is over $100 more expensive than before the holiday, which is a significant factor in the increase of gold coin prices in Iran.' Mohammad Kashti Arya also mentioned that the dollar rate has increased from 60,000 tomans before the holiday to over 62,000 tomans, which also impacts the gold coin prices. Reports indicate that the dollar price in the Iranian market crossed 63,000 tomans yesterday, marking the highest price record in the history of Iran's economy. Tensions in the Iranian market and the rising prices of currencies and gold coins have been discussed with Ahmad Alavi, noting that the gold coin price surpassed 41 million tomans, and the dollar reached 63,000 tomans; the explosion of prices in the gold coin market reached 40 million tomans; tensions in the gold and currency market; the rise in global gold prices; market fluctuations in the new year and public confusion.