Iran imports 4.6 tons of gold bullion in March-May

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That is 3.8 times more than the same period last year, where 1.2 metric tons (mt) of gold bullion worth $79 million were imported into the country, IRNA reported citing figures from IRICA.

Imam Khomeini Airport Customs was the origin of over 91% of gold bullion imports in the first two months of this year (March 20 to May 20).

Late in 2022, the Iranian government approved a plan to facilitate the import of gold as part of its anti-sanctions policy, allowing businesses to import gold to settle their export-related foreign exchange dues to the government.

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