Azerbaijan, Baku, Oct. 1/Trend A. Qurbanova/
The price on a gold coin reduced at the foreign independent exchange market on Saturday while USD exchange rate remained unchanged, IRNA reported.
The USD exchange rate remained stable at the foreign independent exchange market to 12,920 rials, while euro - 17,550 rials.
The price on a gold coin declined to 5.860 million rials (about $510) despite the recent fluctuations.
Bahar-e Azadi Coin is an Iranian gold coin minted by the Iranian Central Bank.
The Governor of the Iranian Central Bank Mahmoud Bahmani said earlier that the price of gold and USD exchange rate will continue declining.
The Iranian Central Bank began reducing USD exchange rate to maintain the prices. But the gap between independent foreign exchange market and official USD rate increased. The current fluctuation in global market shadowed the Iranian gold market.