Why is the price of gold in Iran still high with the decline of the global ounce? Head of the Jewelry Association in Tehran: Last week the global gold market faced a drop in the price of each ounce of gold, but in the local market, due to the increase in the exchange rate, the pricing process was different, although the continuation of the recession, the decrease in demand and the decrease in the purchasing power of the people also affected the operating conditions in the gold and jewelry industry in Israel. During the last month, the range of fluctuations in the price of an ounce of gold ranges from 50 to 100 dollars. Therefore, during this period there were no wide fluctuations in the global market and the changes in it were more limited compared to what happened in the local market. The increase in the price of the dollar in the open market raised the price of each gram of gold even up to the channel of 27 million tomans, but after that, the price of gold gradually decreased and reached the range of 25 million and 700 thousand tomans, but now it is again in the channel of 26 million tomans.