Iran sees large inflow of gold and capital

IRAN - Iran has experienced a net inflow of capital and gold bullion for the first time since the 1979 Islamic revolution. It has been drawn by domestic investment opportunities and driven by financial insecurity outside the country following the September 11 attacks on the US.

Bankers say the amounts returning to Iran probably totalled several billion dollars over the past year - although they are not on a scale comparable with the outflow of Saudi capital from the US the FT reported on Tuesd