The higher the cost of transportation to different cities the higher will be the price of gold. How to invest in gold? Customers can purchase gold physically from jewellers or gold coins and bars ...
The surge in demand for gold has driven up coin prices to as much as 30% above their intrinsic value with a number of factors contributing to the inflated gold coin price bubble within the Tehran ...
Therefore, each gold coin minted by the Central Bank of Iran is equivalent to 0.2354472 ounces of 24-karat gold. So, based on yesterday's gold price, each gold coin is worth $644.41 (€595.28).