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Historic Record for Gold Coins Surpasses 37.5 Million Tomans

Feb 4, 2026 February 4, 2026 2 min read 📰 VOA Persian
📋 Key Takeaway

The price of gold coins in Iran has reached a historic high of over 37.5 million tomans, driven by global gold price increases. The Central Bank's controversial auctioning of quarter coins at high rates has raised concerns about inflation and currency stability. Economic experts criticize the Central Bank's contradictory stance on the currency market.

🔍 Quick Context Guide
💡 Bottom Line: The record high in gold coin prices signals significant economic challenges for Iran, raising concerns about inflation and currency stability.

👥 Key Players

Central Bank of the Islamic Republic of Iran MENTIONED
Monetary authority responsible for regulating currency and gold markets
"Their policies directly influence inflation, currency stability, and economic conditions in Iran."
Vahid Shaghaghi Shahrani MENTIONED
Economic expert
"Provides critical analysis and insights on the economic policies of the Central Bank and their implications."

📰 What Happened

The price of gold coins in Iran has reached a historic high of over 37.5 million tomans due to rising global gold prices and controversial actions by the Central Bank. The auctioning of quarter coins at high rates has sparked debates regarding inflation and currency stability.

  • Each gold coin is now traded at 37 million and 550 thousand tomans.
  • The U.S. dollar is trading above 61 thousand tomans, contributing to inflation concerns.

💡 Why It Matters

🇮🇷 For Iran: The rising price of gold coins reflects economic instability and inflationary pressures, impacting everyday Iranians.
🌍 Regional: Economic instability in Iran can have ripple effects on neighboring countries, particularly those with economic ties.
🌐 International: The situation may affect international perceptions of Iran's economic management and influence foreign investment.

📚 Background

Iran has been facing economic challenges, including high inflation and currency devaluation, exacerbated by sanctions and global market fluctuations.

Inflation in Iran Impact of U.S. sanctions on Iranian economy
📡 Source: NEUTRAL
📊 Confidence: 70%
The article provides factual information and expert opinions, making it a reliable source for understanding the economic situation.

The price of gold coins in the Tehran gold market has surpassed 37.5 million tomans, setting a historic record for coins in Iran alongside the global increase in gold prices. Reports from gold and currency information websites indicate that on Saturday, March 10, each coin was traded at 37 million and 550 thousand tomans. Accordingly, each half coin was sold for 21 million tomans and a quarter coin for 13 million and 700 thousand tomans. This comes as the Central Bank of the Islamic Republic has begun auctioning quarter coins at the gold and currency exchange center since last week to control prices in the market. However, this auction was accompanied by many controversies, and the sale of quarter coins for over 11 million tomans sparked reactions. In this context, economic expert Vahid Shaghaghi Shahrani stated to ILNA news agency on March 6 that while the Central Bank claims it does not recognize the free currency market, it auctioned coins at a rate of 93 thousand tomans per dollar. The second phase of this auction was also held on March 7, which faced similar controversies. In the Iranian currency market, the U.S. dollar continues to be traded above 61 thousand tomans, and this rise in prices in the currency market has fueled inflationary concerns for the coming months.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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