Beyond the News
Gold markets on strike
Reportedly, the gold dealers in several cities such as Qazvin, Arak, and Mashhad have closed their stores in gold bazaars in protest at the enforcement of the value-added tax. The move comes after a strike in the Tehran gold market on Saturday on the same grounds. The dealers say the implementation of VAT will result in rise in gold price and this in turn will lead to a fall in the number of customers.