Silver as an investment

Iran prohibits exports of gold, coins without Central Bank’s licence

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

trend.az / Trend S.Isayev, T. Jafarov / Azerbaijan, Baku, Oct. 31

Iran has prohibited exports of gold and golden coins from the country, without the licence issued by country’s Central Bank, Mehr reported.

Deputy Director of Iranian Customs’ Technical Department Mohammad Rza Naderi said that because of exchange rate fluctuations at Iran’s markets, it has been decided to ban the export of gold to other countries.

All of Iran’s customs have been notified of the ban, so that no gold or gold coins would be exported from Iran without proper licence from the Central Bank, Naderi said, adding that gold export from Iran should be going through strict control.

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