Gold Rush in Iran Driven by Mysterious Religious Superstition
In August 2024, a massive gold rush in Iran, fueled by religious superstition and social media, drove thousands to buy gold.
Delayed FX: ECB fix Oct 16 · Futures: 02:25 IST
About the analyst
Lead Strategist and Market Analyst at Edge-Forex
Vinit Makol is a forex trader, strategist and market analyst with more than 20 years of experience in forex and financial markets.
As lead strategist and analyst at Edge-Forex, he writes about currencies, central-bank policy, macroeconomics, commodities, trading strategy and the geopolitical events that affect global markets.
His work is informed by practical trading experience and supported by market data, economic releases, official documents and other relevant sources.
In August 2024, a massive gold rush in Iran, fueled by religious superstition and social media, drove thousands to buy gold.
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