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The Iran Mercantile Exchange (Persian: بورس کالای ایران, IME) is a commodities exchange located in Tehran, Iran.Established on 20 September 2007 from the merger of the Tehran Metal Exchange and the Iran Agricultural Exchange, IME trades in agricultural, metal and mineral, oil and petrochemical products in the spot market and gold coin in the futures market.
The last Pahlavi coin minted in 1978 with coinage date of 1979. The first Bahar Azadi (Imami) Coin with the left portrait of Ruhollah Khomeini as seen in Pahlavi gold coins (left head of Mohammad Reza Pahlavi); minted only in 1991. The gold coin has a purity rate of 90% and weighs 8.13598 grams. [citation needed]
The last gold coin of Iran in Toman Currency system; on the commemorative of Nowruz celebration; 1926. The first Pahlavi coins, which were minted from 1926 to 1929, only in gold purity (0.900) and coin margins (oak and olive branches) were similar to Qajar coins, and differs from not only in terms of design, type and timeline, but they changed fundamentally in their weight and calendar system.
The first coins of the second rial currency, introduced in 1932, were in denominations of 1, 2, 5, 10 and 25 dinars, Rl 1 ⁄ 2, Rl 1, Rls 2 and Rls 5, with the Rls 1 ⁄ 2 to Rls 5 coins minted in silver. Gold coins denominated in pahlavi were also issued, initially valued at Rls 100. In 1944, the silver coinage was reduced in size, with the ...
Gold prices have broken record after record, rising more than 30% in 2024 while hitting an all-time high of $2,748.23 this week.
Iranian gold coins were denominated in toman, with copper and silver coins denominated in dinar, rial or qiran. During the period of hammered coinage, gold toman coins were struck in denominations of 1 ⁄ 4, 1 ⁄ 2, 1, 2 and 10 toman, [9] and later 1 ⁄ 5, 3 and 6 toman. [10]
Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year. On Sunday, people were trying to exchange rials for foreign ...
In January 2012, the head of Tehran's Chamber of Commerce reported that Iran had 907 tons of gold, purchased at an average of $600 per ounce and worth $54 billion at the current price. [ 58 ] [ 59 ] The CBI governor however reports only 500 tons (i.e. above ground gold reserves). [ 60 ]