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Syria-Lebanon-Iran
Gold price continue rise at Iran's free market
2013-01-13
Each Azadi gold coin was sold at the price of 12.97 million rials at the free market on Friday. It is while the price of gold coin stood at 12.95 million rials at Iran's free market on Thursday.
The sanctions continue to do something right...
Euro was also sold at 42,900 rials at Iran's free market on Friday, while US dollar was presented at 32,950 rials. US Dollar and euro were traded at the prices of 32,850 and 42,950, respectively on Thursday.

The government has set the 28,500 rials price for the free market but the brokers refuse to trade dollar at the mentioned price.

Dollar price had reached 40,000 rials in October but by inauguration of the foreign exchange center the prices fell to 27,000 rials.

Critics believe that Iranian government is not controlling the price of dollar at the free market on purpose. They claim that the government wants to take advantage of selling dollar at the free market in order to compensate its lack of budget.
Posted by:Steve White

#4  Jewelry shops have buzz lock doors and other security features as well. This is normal for a business with easily portable, high value stock.

Do stop hyperventilating, Threater Flusoper9823.
Posted by: trailing wife   2013-01-13 14:51  

#3  Technological paranoia is rampant

I am forced by circumstance to agree for once.
Posted by: Shipman   2013-01-13 07:18  

#2  As a person who been several times to Iranian recently, the sanctions are hurting badly the people but the Iranian government does not care.

People in Iran will pay way above the unofficial rate just to get something of value.



Posted by: Bernard Z   2013-01-13 05:26  

#1  The price here in the USA for Gold has fallen from this past Summer. We now have gold at about $1658/oz. or so. If you go into any ubiquitous WE BUY GOLD shop which have sprung up all over the place you meet people who will exchange your Gold and other precious metals into cash or checks right there as soon as you lay your gold on the scale and hold out your hand. Avoid the people who pay with checks. ( think people, cÂ’mon )Take the Cash. Go through your motherÂ’s jewelry box if you are still at home and over 18. Feed your crack habit with what you get from breaking into homes or muggings. Sell your auntÂ’s boyfriends engagement ring, there are so many stories, you will hear them all. The kiddies need new shoes.
The man behind the desk will pass a very powerful magnet over your offering. Its a ritual from start to finish, genuflect and have a chair.. They will look for marks on the jewelry with a jewelerÂ’s loupe, these people are subtle and slicker than pawnshops and more savvy and untrusting. Technological paranoia is rampant, there are buzz locks on the door and guns you canÂ’t see, little cameras in the ceiling too probably. (Oh no? Well, then, you tell me.) A digital scale and small bottles of various acids that reveal all. Fakes wonÂ’t be accepted and neither will electroplate.
But the cash is good. Obama and Al Gore are both in the pantheon that brought us to all this. Next stop the grocery store or the Liquor shop...depending on what you deem important. Food stamps and 47 million people looking for a job.
Oh, Iran? They have their problems also. But here in the USA? You wonÂ’t see anybody asking for your vote who isnÂ’t wearing a Rolex. That, and hock shops and WE BUY GOLD on every corner. It ainÂ’t Mayberry anymore.
By the way, do you own a gun?
Posted by: Threater Flusoper9823   2013-01-13 03:24  

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