Why didn't the drop of global gold reach the pockets of the Iranian buyers? While the world gold price fell by $85 in the week, the increase in the exchange rate in the local market prevented the gold price in Iran from aligning with global markets. Referring to the stagnation in transactions and the decrease in people's purchasing power, the head of the Tehran Jewelry Association emphasized that in the current situation the exchange rate is the most important factor affecting the price of gold in the local market.

Why didn't the drop of global gold reach the pockets of the Iranian buyers? While the world gold price fell by $85 in the week, the increase in the exchange rate in the local market prevented the gold price in Iran from aligning with global markets. Referring to the stagnation in transactions and the decrease in people's purchasing power, the head of the Tehran Jewelry Association emphasized that in the current situation the exchange rate is the most important factor affecting the price of gold in the local market.