Subscription for the "Naqrat" silver fund opens Monday, July 13; minimum entry 100,000 tomans

Subscription for the exchange-traded silver fund "Naqrat" (from the Agah group) opened on Monday, July 13, 2026 (22 Tir) and runs through Wednesday, July 15 (24 Tir). Investors can take part through the trading platforms of all brokerages with a minimum of 100,000 tomans.

The fund invests at least 70 percent of its assets in silver bullion deposit certificates and is the latest in a wave of silver funds launched on the Iran Mercantile Exchange; the "Plata" fund was subscribed earlier on Saturday, July 11 (20 Tir). Demand for these funds is building as global silver prices swung, trading around $59 an ounce on Monday, July 13.