Iranians turn to gold as war casts its shadow

Iran's central bank has introduced measures designed to bring down soaring gold prices, including easing procedures for the importation of gold and silver bullion, a bank official, Jalal Jalilian, was quoted as saying Tuesday.

Local media quoted several officials as saying that Iranians were turning to gold amid continued uncertainty over Iraq and the volatility of foreign currency markets.

The fluctuation in domestic gold markets was due to a possible US attack on neighbouring Iraq, which may