Iranians Changing Money for Gold Ahead of US Sanctions

August 6, 2018

Gold prices in Iran are hitting record levels daily as Iranians seek to protect their savings against pending US sanctions that are dragging down the national currency.

 

The White House is on the verge of reinstating sanctions against the Islamic Republic that were lifted following the historic nuclear deal sealed between Tehran and world powers in 2015. President Donald Trump unilaterally withdrew the US from the agreement on May 8.

 

Read More:

https://www.rt.com/business/435206-iran-gold-us-sanctions/

 

 

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