Business
Iran’s Gold Union Warns: Don’t Fall for 'Gold Leasing' Scams
Experts in Iran are telling people to be careful with new schemes that promise high returns on gold investments.
A pile of gold bars and coins sitting on a wooden table.
By John Doe
Reporting from Iran 
Sept. 6, 2026, 8:51 a.m. - 52 minutes ago
Gold experts in Iran have issued a warning today. They are telling people to watch out for 'gold leasing' schemes.
So, what is gold leasing? It is a setup where you give your gold to a company or a person. They promise to pay you back in interest or extra gold for letting them use your stash.
The gold union says these deals are very risky. They are worried that many of these businesses are not trustworthy. If you hand over your gold, you might never see it again.
Right now, many people in Iran are trying to save their money by buying gold. This is because the value of the local money keeps going down. Because so many people are looking for ways to protect their cash, scammers are trying to trick them.
The union wants everyone to stop and think before they sign any contracts. They say it is much safer to keep your gold in your own hands. Don't be fooled by promises of easy money.
Source: Iran International
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