economic

Emami Gold Coin Surges to 127 Million Tomans

| Iran Conflict

The Emami gold coin, a traditional inflation hedge for Iranian households, hits 127 million tomans, up 40% since June. Middle-class families are converting savings to gold and foreign currency as confidence in the rial evaporates. The Tehran Gold and Jewelry Union reports record daily trading volumes, with some exchanges running out of physical inventory.

Media

Iranians rush to convert savings into gold and foreign currency as the rial collapses
Iranians rush to convert savings into gold and foreign currency as the rial collapses — Iran International

Sources

  • T1 Tehran Gold and Jewelry Union Official middle_eastern
  • T2 Iran International Major middle_eastern
  • T2 Financial Times Major western
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