Why is gold still expensive in Iran despite the drop in the global ounce? Head of the Jewelry Association in Tehran: Despite the drop in the world price of an ounce last week, the increase in the exchange rate in the local market caused the price of gold in Iran to change direction. During the last month, the global ounce fluctuation was in the range of 50 to 100 dollars and its changes were more limited than the fluctuations in the domestic market. The increase in the dollar exchange rate raised the price of each gram of gold to 27 million tomans; After that the price dropped to about 25 million and 700 thousand tomans and now it is again in the channel of 26 million tomans. The continued stagnation, decrease in demand and decrease in people's purchasing power have also made working conditions in the gold and jewelry market uncomfortable.

Why is gold still expensive in Iran despite the drop in the global ounce? Head of the Jewelry Association in Tehran: Despite the drop in the world price of an ounce last week, the increase in the exchange rate in the local market caused the price of gold in Iran to change direction. During the last month, the global ounce fluctuation was in the range of 50 to 100 dollars and its changes were more limited than the fluctuations in the domestic market. The increase in the dollar exchange rate raised the price of each gram of gold to 27 million tomans; After that the price dropped to about 25 million and 700 thousand tomans and now it is again in the channel of 26 million tomans. The continued stagnation, decrease in demand and decrease in people's purchasing power have also made working conditions in the gold and jewelry market uncomfortable.