Iran Warns Against Purchasing Gold and Coins Without Official Invoices

TEHRAN, Nov 6 (OPA) — Iranian regulatory authorities have stepped up warnings regarding a surge in counterfeit gold and coin sales across the country. Yasser Raygani, spokesperson for the Trade Enforcement Organization, stated that consumers must obtain valid, stamped official invoices containing the seller's details to protect their legal rights.

Raygani noted that several provinces have launched targeted inspections following reports of fraudulent gold production. He explicitly warned buyers against transferring funds to third-party accounts, noting that some retailers request alternative deposits to evade taxes or obscure sales records. Transactions must exclusively utilize point-of-sale terminals registered directly to the verified storefront.

Nader Bazrafshan, head of the Tehran Gold and Jewelers Union, reinforced these directives by urging citizens to patronize only authorized dealers. Under trade union regulations, retailers must provide detailed invoices for purchases exceeding 10,000 tomans upon request. Consumers were further cautioned to inspect secure packaging, seals, and official union holograms.

Authorities warned that transactions lacking proper documentation or originating from unauthorized online vendors leave buyers with severely diminished resale value. Consumers facing fraudulent sales are encouraged to file formal complaints directly with the Trade Enforcement Organization for legal recourse.