Key Takeaways:
- Parsian coin price updated for Tuesday, 9 Dey 1404 with values given per sut (1 sut = 0.001 gram).
- Prices reflect local bullion demand and movements in the rial and international gold markets.
- Practical note on mass unit: one sut equals one thousandth of a gram, used for small gold measurements.
TODAY — Market sources have published the Parsian coin price for Tuesday, 9 Dey 1404, listing values for Parsian coins struck in various weights measured in sut with a fineness of 750. The report, carried by Ilina, gives traders and consumers an immediate reference for buying and selling small gold units in Iran.
Parsian coin price at a glance
The Parsian coin price is presented in terms of sut, a small mass unit commonly used in Iranian gold trading. One sut equals one thousandth of a gram. Accordingly, when coin quotations are shown per sut, they refer to a fraction of a gram; a full gram equals 1,000 sut. The coins referenced in the update carry a purity of 750, indicating 75% gold content by mass.
Market context and what the figures mean
The published figures are most useful for jewelers, small-scale traders and consumers who buy fractional amounts of gold rather than whole coins or bars. Parsian coins priced by sut allow precise valuation for intricate work and small retail transactions. Prices can move in response to domestic currency fluctuations, local demand and the broader international gold market.
In markets where the rial experiences volatility, gold is often treated as a store of value. Even modest shifts in the exchange rate can prompt traders to adjust local gold prices. Internationally, movements in spot bullion prices on global exchanges, together with regional liquidity and import costs, influence domestic coin quotations.
How to interpret sut-based quotations
When reviewing the table of Parsian coin price quotations, remember that each sut represents one thousandth of a gram. For example, a quoted price per sut may be multiplied by 1,000 to estimate the price per gram of 750-fineness gold in these coins. Buyers should also factor in premiums or discounts that reflect workmanship, dealer margins and any applicable taxes or fees.
For most retail customers, consulting a reputable local jeweller remains the best way to confirm the final transaction price. Wholesale traders and refiners will typically apply different terms depending on volume and payment method.
Practical advice for buyers
If you plan to buy Parsian coins, check multiple quotations across authorised dealers and compare the published sut prices to the gram rate for comparable 750-fineness gold. Verify the coin’s hallmarks and seek written confirmation of weight and purity. Keep in mind that small denominations quoted per sut are subject to proportionately higher premiums on a per-gram basis compared with larger bars or full sovereign-style coins.
This update was compiled from Ilina’s market posting and aims to give market participants a quick, practical summary of the Parsian coin price on 9 Dey 1404. For the most recent and exact figures, consult the original table published by the source or contact a licensed dealer.
