Gold imports quadruple in four months

Iran imported 12,260 tons of gold bullion bars, valued at $779m, in the first four months of the current Iranian calendar year (March 21- June 22, 2024), reflecting a significant increase of up to fourfold compared to the same period last year.
The Islamic Republic of Iran Customs Administration (IRICA) noted that 3.36 tons of the gold ingot, valued at $197m, were imported into the country in the first four months of the previous Iranian calendar year (March 21 to June 22, 2023), Mehr reported.
More than 90% of the gold ingots have been imported into the country in this period via the customs office of Imam Khomeini (RA) International airport (IKIA). The customs offices of Bashmaq, Tabriz, Mashhad, Piranshahr and Yazd were the other customs offices which recorded imports of the gold bullion bars into the country from March 21 to June 22, 2024.
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