Labor minister announces installment gold purchase at fixed price for retirees via Zarrin Tamin platform

Ahmad Meidari, Iran's Minister of Cooperatives, Labour and Social Welfare, announced on Monday, September 14, 2026 (23 Shahrivar 1405), that retirees can now buy gold in installments at a fixed price. Under the plan, retirees register on the Bank Refah "Zarrin Tamin" platform with their national ID and declare how much gold they want to buy over the next three months; the cost is then deducted from their monthly pension over that period.

Meidari said the gold price is locked in from registration until the end of the three month period, so any price increase in that window becomes a gain for the retiree. The purchase ceiling is set according to the central bank's sales authorization. He added that the gold supplied under the plan does not come from bank reserves but from domestic mine output, with proceeds reinvested to expand the country's gold production.