Iran Allows Trading Transactions to be Paid in Gold

Precious Metals

Reuters reported that Iran is now accepting gold as payment from its trading partners.

Reuters reported that Iran is now accepting gold as payment from its trading partners.

As quoted in the market news:

Significant difficulties in making dollar payments to Iranian banks have forced Iran’s trading partners to look for alternative ways to settle transactions, including direct barter deals.

Click here to read the full Reuters report.

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