Silver Prices in Iran
Iran in the Middle East country has a strategic position in the Persian Gulf region, and the Strait of Hormuz to its south is a vital route for crude oil transportation. Silver as one of the seven ancient metals in most human cultures. There are air routes between most of the world's major countries and Iran's top cities. Many Factors Affect the Price of Silver In West Asian Markets. Oil and natural gas are Iran's most important exports, and imports are: non-electrical machinery (17 percent of total imports), iron and steel (14 percent), chemicals and related products. Annual supply of silver is used in industrial applications such as electronics, solar energy and pharmaceuticals, and medical equipment
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Iran is the world's fourth-largest oil producer, with 9.4 percent of the, and the world's first-largest gas reserves with 18 percent of the world's proven gas reserves. Silver is used in solar panels, water purifiers, jewelry, decoration, silverware, mirrors, window coverings. The Customs of the Islamic Republic of Iran is a governmental organization subordinated to the Ministry of Economic Affairs and Finance. The price of silver metal is the result of its supply and demand of that asset in Middle East market
- Iran Zinc Market
- Iran Silver Market
- Iran Copper Market
- Iran Aluminum Market
- Iran Steel Market
- Iran Gold Market
Silver is a very soft, flexible, malleable transition metal, although it is less malleable than gold. The metal crystallizes in the form of a cube-like lattice, and the metal alloys in silver are covalent and relatively weak. This metal has a shiny white metallic luster and is so distinct that the name of this metal has become a color.
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The assigned missions are prepared by the Customs of the Islamic Republic of Iran and after the approval of the Minister of Economic Affairs and Finance, are approved by the Council of Ministers. The Customs of the Islamic Republic of Iran include the Central Headquarters of the Iranian Customs and the Customs and Enforcement Customs. It is as follows:
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