Articles
Neutral, dated analysis and explainers across Iran’s markets.
Iran's Quarter Coin Premium Hits 7,391,000 Tomans; Four Quarter Coins Cost 23 Million Tomans More Than One Emami Coin of the Same Gold Weight (Sunday, 2 August 2026)
On Sunday, 2 August 2026 (11 Mordad 1405), the premium on Iran's quarter gold coin reached 7,391,000 tomans, more than double the 3,522,000 toman premium on the full Emami coin, even though the quarter coin holds one fourth of the gold. As a share of price, the premium is about 14 percent on the quarter coin and under 2 percent on the Emami. Four quarter coins cost 210,400,000 tomans, while a single Emami coin holding the same gold traded at 187,000,000 tomans.
Emami Gold Coin's Premium Falls to 5,101,000 Tomans on Friday, July 10, 2026; Three Legal, Tax-Exempt Ways to Trade It
On Friday, July 10, 2026 (19 Tir 1405), Iran's Emami coin traded around 182 million tomans and its premium over intrinsic gold/dollar value fell to 5,101,000 tomans (about 2.8%), down from 7,091,000 a week earlier. This piece explains the mechanics and three legal, tax-exempt trading channels: the CBI auction, the exchange coin deposit certificate, and gold funds.
Coin Premium Rose 6.85% This Week; Why, Even as Global Gold Fell? (Wednesday, July 8, 2026)
The Emami gold coin's premium reached about 7,091,000 tomans in its latest weekly reading (Sunday, July 5, 2026), up 6.85% week on week. That happened even as global gold fell about $49 (1.2%) from $4,165 to $4,116 on Tuesday night after the Strait of Hormuz attack pushed the Fed toward a more hawkish tone.
