The demand for gold in Iran has surged, causing gold coin prices to rise by 30% above their intrinsic value due to factors like the depreciation of the Iranian rial and inflation. The Central Bank of Iran's gold coins, made of 22-karat gold, are now fetching significantly higher prices in the Tehran market. The rial's value has plummeted against the US dollar, leading to increased demand for gold as a stable asset. The government's budget deficit has worsened, prompting speculation about the Central Bank's methods of financing it, including selling foreign currency reserves. Teljes cikk (Euronews.com)