On February 25, 2025, the Iranian gold and coin market experienced notable fluctuations, with prices rising compared to the previous day. According to reports from the Union of Gold and Jewelry Manufacturers and Sellers of Tehran, the price of gold saw an increase, while the global price of gold remained stable.
The price of each ounce of gold decreased by 0.28%, falling from $3,238 to $3,229, as reported at 12:54 PM. Despite this slight dip in global prices, local gold prices in Iran surged. Each gram of 18-carat gold increased by 3.44%, rising from 6,527,000 Tomans to 6,760,000 Tomans.
In a detailed analysis, the head of the Tehran Gold and Jewelry Union noted that the market's dynamics were influenced by a combination of factors, including exchange rate fluctuations and positive political-economic news. "The price of gold and coins decreased in transactions today, so that the price of gold entered the 6 million range and the price of new coins entered the 70 million range," he stated.
On February 25, the price of new design coins rose by 3.27%, from 76,900,000 Tomans to 79,500,000 Tomans, reflecting a change of 2,600,000 Tomans. This increase follows a significant drop of 11,100,000 Tomans the previous day, when the price stood at 76,900,000 Tomans.
Additionally, the half coin saw a rise of 1.98%, moving from 49,500,000 Tomans to 50,500,000 Tomans. The quarter coin also experienced an increase of 3.63%, climbing from 26,500,000 Tomans to 27,500,000 Tomans. Meanwhile, the price of the grami coin increased by 1.42%, from 13,800,000 Tomans to 14,000,000 Tomans.
These price adjustments indicate a responsive market reacting to both domestic and international factors. The head of the Tehran Gold and Jewelry Union advised consumers that current prices do not reflect a bubble compared to global markets, suggesting it might be an opportune time for purchasing gold and coin products.
On February 24, the price of new design coins was recorded at 75,500,000 Tomans, while old design coins were priced at 69,500,000 Tomans. The half coin was valued at 50,000,000 Tomans, and the quarter coin at 27,000,000 Tomans. The price of grami coins was 13,800,000 Tomans, and the price of each gram of 18-carat gold stood at 6,572,400 Tomans.
In summary, while the global price of gold remained stable at $3,238, local market conditions in Iran have led to significant price increases across various gold and coin products. As the market adjusts to these changes, consumers are encouraged to consider their purchasing options carefully.
