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Gold Hits Record High; $3,450/oz, Impact on Iranian Market Expected

Gold Hits Record High; $3,450/oz, Impact on Iranian Market Expected

Gold Hits Record High; $3,450/oz, Impact on Iranian Market Expected

Gold Hits Record High; $3,450/oz, Impact on Iranian Market Expected

According to Shahre Bours, the price of gold surged to a new all-time high today, reaching $3,450.04 per ounce, breaking the previous record of $3,432.64 set on June 23, 2024.

This historic increase has heightened expectations for further price rises in the domestic gold market, with experts predicting that domestic prices will follow the global trend.

18K gold prices in Iran also saw a significant rise, crossing the IRR 8.4 million mark for the first time on September 6, and experts anticipate continued growth due to the global gold price and exchange rate fluctuations.

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