CBI: Unfrozen Gold Worth $700 Million
TEHRAN (Press TV) -- The market value of 13 metric tons of gold assets returned from South Africa this week as part of a nuclear deal is $700 million, Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Saturday.
The governor said no more Iranian gold abroad is currently facing repatriation problems but Iran might make new purchases and complications may arise. In addition to the newly-acquired gold reserves, Iran has imported eight metric tons of gold worth $400 million over the past two years, Seif added.