Will Iran's pressure crush gold prices? 🤔

25 Ağu 13:59

Guys are squeezing Iran at every opportunity, after all, gold is one of its most important foreign exchange earners. Don't forget that with the latest US sanctions, America basically told Iran, "You can buy gold, but no public banks will give you credit." Over 70% of Iran's foreign exchange comes from oil, and the US is the leader in both—so what are the Iranians doing? Instead of trying to stabilize their paper money and buying paper gold, they're rushing into what they call "Reihani," their local gold. As a result, the Central Bank of Iran is forced to restrict imports to avoid provoking the US even more. Here's the critical part: Iran's traditional supply chain for 5-gram gold bars, which used to come through Dubai, is now blocked. Dubai goods can't enter Iran, stocks are drying up, local production isn't enough, and prices are skyrocketing. This is serious news because Iran isn't trying to suppress the market—it's just trying to buy time. Iranian officials are slowing down customs clearance under the guise of "delays," meaning importers pay top dollar abroad, goods never arrive, and prices jump 15-20% in a single day. If your investment plan is directly tied to Iran, this is critical because if this pressure continues, the Iranian market could face a serious collapse within 18 months. What’s the alternative? Shifting gold investments to US Treasury bonds or (unconventional markets that Dubai smartly avoids) silver in foreign markets that the US won’t approve of. While the US is flexing against Iran, they’re also cutting off Iran’s access to gold and foreign currency, creating a vicious cycle.