Gold price hit another record high on16 October, passing £2,060 an ounce, driving investors towards the yellow metal. In particular, investors have been cashing in on gold they hold to take ...
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).