Two Silver Funds Each Raised 200 Billion Tomans in Subscription as Gold Fund Taj Opens Saturday
Sahmino Newsroom | 31 October 2026 | 5 days ago
Boursenews reported in its weekly Iran Mercantile Exchange review that the subscriptions for the silver funds Mah (the 17th silver fund) and Arzhan (the 18th) each raised 200 billion tomans within the first seconds and were completed successfully. The Mah units were issued by the Zomorod Bidar commodity fund and the Arzhan units by Asman 1 commodity fund. Subscription for the gold fund Taj opened on Saturday, October 31, 2026 for three working days on the Iran Mercantile Exchange. According to the subscription notice, the fund will issue one billion units, 10 million of them preferred units. The result of the Taj subscription has not yet been announced.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, 18k gold (gram) rose 3.3 percent, to 260,621,000 rial.
Over the same days, Gold ounce rose 4.8 percent, to 4,063 dollars.
- 18k gold (gram)
- +3.3%
- Gold ounce
- +4.8%
Prices to the close of 4 November
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