Gold and coin prices rise as bitcoin, ethereum fall; tether returns to 255,000 tomans

Gold and coin prices rose on Wednesday, 8 Mehr 1405, with the coin price reaching 259,500,000 tomans, an increase of 6,300,000 tomans from yesterday evening and 14,200,000 tomans over two days, according to Tejarat News. The report said the dollar rose to 253,000 tomans and the global gold ounce moved toward $4,200, pushing 18‑carat gold to 25,636,000 tomans and a mesghal of gold to 111,050,000 tomans. Specific coin prices were reported as: Bahar Azadi coin 252,500,000 tomans; half‑coin 134,000,000 tomans; quarter‑coin 72,500,000 tomans; and one‑gram coin 37,000,000 tomans. (Source: Independent Farsi)

Bitcoin and ethereum continued to fall, while tether returned to the 255,000‑toman band; one report said tether had delivered more than 18% profit. The cryptocurrency market traded with price volatility and increased trader caution as fresh US economic data shifted expectations about the Federal Reserve’s next move, redirecting attention to interest‑rate path and liquidity flows. In Iran, the rise in tether’s price linked global crypto market developments with domestic currency volatility. (Source: Eghtesad Online (Telegram))

Initial synthesis; final edit pending