This is the price of one gram of gold bullion. Gold is the oldest way to keep the value of money in Iran, and its price is tied directly to the world price and the dollar rate.
Gold bought here is held as bullion in the vault in your name, and every gram of it is recorded in the books.
What moves the price
The world gold price in dollars per ounce (about 31.1 grams).
The free-market dollar rate in Iran; gold's price in tomans is roughly the product of the two.
Domestic demand in times of inflation and economic unrest.
Buying Gold at Sarafi Iranian
1Choose gold under Buy & sell and type the amount in tomans or the weight in grams.
2To take it physically, choose collection at the counter or delivery to an address.
3To buy regularly — a fixed amount every month, say — set up a recurring buy.
Common questions
Is this 18-karat gold?
No, this is the price of pure bullion, not jewellery. 18-karat jewellery also carries making charges and tax.
Where is my gold kept?
In the exchange's vault, recorded by each bar's serial number, and the vault's holdings are reconciled with the books regularly.
This page explains; it does not advise buying or selling. Prices are free-market rates, and every trade's firm price is shown before you confirm.