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One gram of gold now equals a month's wage for Iranian workers

Section: Daily Dispatches

From Iran International, London
Sunday, December 21, 2025

An Iranian labor representative said soaring prices have eroded wages to the point where one gram of gold now equals a full month's minimum pay for a worker.

"Today one gram of gold is equal to a full month's minimum wage for a worker," said Habib Sadeghzadeh Tabrizi, an inspector with the country's High Council of Islamic Labor Councils.

... Dispatch continues below ...


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He added the collapse in real wages has reached a point where the traditional phrase "shrinking dinner table" no longer applies, adding that many workers effectively have no table left.

With gold trading at around 135.5 million rials per gram -- roughly $104 at current exchange rates -- and the dollar near 1.3 million rials, he said the gap between official wages and real living costs has become untenable.

He said runaway inflation has stripped any practical meaning from Article 41 of Iran's labor law, meant to link wages to inflation and living costs, adding that salaries now lose value even before they are paid.

Sadeghzadeh said wages for the current year were set when the dollar stood near 850,000 rials but have since been overtaken by a sharp currency slide, leaving workers unable to plan even basic daily expenses. ...

... For the remainder of the report:

https://www.iranintl.com/en/202512211909

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