Silver Fund Arzhan Raises 200 Billion Tomans in Opening Seconds; Maah Closes Second Stage

According to Kalakhabar, subscription to the Iran Mercantile Exchange's 18th silver fund, ticker Arzhan, opened on Monday, October 26, 2026 (4 Aban 1405) and raised 200 billion tomans within its opening seconds; the subscription window runs three working days. The same day, the second stage of subscription to the 17th silver fund, Maah, which had been extended by two working days, closed after raising 200 billion tomans. From Tuesday, October 27 (5 Aban), secondary trading of the silver fund Nograti begins, running from 11:45 to 18:00 with a daily price band of 10 percent. These are amounts raised in subscriptions and are not a measure of the funds' returns.