Iran News ...


Photos: The Iranians' "Gold Rush"

Photos by Vahid Sohrabi, ISNA

Sale of gold bullions by Iran's Central Bank began on Saturday December 10. The bank is now selling gold coins. This has caused a "gold rush" by some of the Iranians who have literally stormed the banks to gain their fair share of the gold!

According to reports, some people are hiring others to stand in line for them so they can buy more gold and make a quick profit by selling it in the open market.

Also, according to the LensIran reporter, in the midst of all this excitement, some people are actually overpaying for the gold they buy in Central Bank auctions unaware that they can pay less in the open market.

Sale of gold bullions and advance sale of gold coins by Central Bank


... Payvand News - 12/16/11 ... --

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