Dollar and Gold Markets Forecast / A Look at the Financial Markets April 15, 1401

According to Tejarat News, today, April 6, 1400 domestic markets consisting of dollars, gold and coins had a price increase. The stock index also had an upward trend.

Bitcoin Million Dollars!

American investment company VanEck has published a report on financial markets that has some interesting points. The company’s report is ready to be the main competition Bitcoin It has not started yet. This competition starts when more people look at bitcoin as a value storage asset.

The value of the gold market as a world value asset is much higher than that of bitcoin. Bitcoin fluctuates a lot and is not yet a good asset for long-term storage. But bitcoin is expected to replace gold in the future.

Despite this scenario, what will be the price of bitcoin as a global reserve asset? VanEck Investment Company claims in a report that if bitcoin replaces gold, each bitcoin will reach $ 8.4 million.

Of course, this prediction starts with a big “if” and is just an idea.

Does the range of stock fluctuations change?

Mehdi Parchini, Director of Stock Exchange Supervision, explained about the fluctuation range: The plan that was reviewed and proposed to the board of directors of the Exchange Organization to change the fluctuation range was to add one percent symmetrically to the fluctuation range in each season. The 10% ceiling will continue.

He said: “It is necessary to implement this change, its plan in the board of directors of the organization, which will be implemented after approval.” The exact time to change the oscillation amplitude is not specified and it is not possible to announce a specific time for the implementation of the changes in the oscillation amplitude.

Experts say that by changing the amplitude of the fluctuation, the amount of cash inflows to Exchange increase.

“We are close to an agreement in the negotiations and we have conveyed our proposals on the remaining issues to the United States through the EU chief negotiator, and now the ball is in America’s court,” said Foreign Minister Amir Abdullahian.

UN Secretary-General Antonio Guterres also stressed the importance of the Vienna talks. He expressed hope that the parties would reach an agreement as soon as possible.

If an agreement is reached, the stock market will continue its upward trend.

The price of the dollar Yesterday, Sunday, April 4, there was a decrease. The free market started its work with prices in the range of 27 thousand and 60 tomans, but gradually took a downward trend. So that it decreased to 26 thousand and 820 Tomans. Prices in the Senate market as well as the National Exchange were declining.

But where is the foreign exchange market going in the short and medium term?

Impact of government contractionary policies on the price of the dollar

Amir Hossein Namavar, a financial markets expert, believes that this issue is influenced by macroeconomic variables and Vienna talks contract.

“Government policies on macroeconomic variables are evident in the budget and appear to be more contractionary,” he told Trade News. These policies reduce the rate of emotional growth of the exchange rate to some extent.

Floor and ceiling exchange rates

Letterhead is another important variable in determining behavior DollarKnows the country’s foreign policy and adds: in case of revival of Barjam, the country’s credibility will increase, but there are ambiguities about this issue now.

He continues: In the short term, two scenarios for The price of the dollar It is predictable. In the current situation, the target floor of the dollar can be 25 thousand and its ceiling is 28 thousand and 500 tomans. If an agreement is reached, the price of the currency can be reduced to about 24,000 tomans.

This financial markets expert says: if the negotiations fail, the price of the dollar can reach 32,000 tomans in the medium term.

In the middle of last year, the exchange rate exceeded 30,000 tomans, but gradually decreased and even reached the channel of 25,000 tomans. But the dollar ended the year 1400 with a price range of 26,250 to 26,280 tomans.

The foreign exchange market started the new year with an increasing trend and has been fluctuating in the channel of 26 thousand and 27 thousand Tomans in recent days.

Hojjat Ghandi, an economist, recently told Tejaratnews: “The probability of a stable exchange rate in the current range is higher in the short term, but the next currency shock is not too far away.”

He added: “Even if the Borjam talks are not concluded, Iran’s foreign exchange earnings will increase this year, and this will increase the possibility of stability in the price of the dollar.”

The economist said: the exchange rate in the free market will probably remain in the current range of 25 and 26 thousand tomans.

At the same time, he emphasized: the market, the people and the government should not be sensitive to changes of several thousand tomans. For example, fluctuations in the range of 20 to 30 thousand tomans are not very severe for the price of the dollar.

Gold and coin price fluctuations

In addition to the dollar, there are fluctuations in the gold and coin market today. gold price At the time of writing, this news is bullish and has reached 1,269,800 tomans.

Prices for coins The new plan is now increasing and 12 million and 552 thousand tomans have been registered.

What is the future of the gold market?

In this situation, the market Gold And where is the coin going in 1401? Hojjat Ghandi, an economist, told Tejaratnews in this regard: Domestic gold marketDepends on fluctuations in the price of the dollar and is unlikely at this time.

“If the dollar price is relatively stable this year, the gold rate will become more dependent on the global ounce,” he said.

According to Ghandi, due to rising oil prices, even if the Borjam talks fail, Iran’s foreign exchange earnings will increase this year, increasing the likelihood of a stable dollar price.

The economist adds: The price of the dollar in the open market will probably remain in the current range of 25 and 26 thousand tomans.

At the same time, he emphasizes: the market, the people and the government should not be sensitive to changes of several thousand tomans. For example, fluctuations in the range of 20 to 30 thousand tomans are not very severe for the price of the dollar.

The latest news in the field of currency, gold and coins on the page Gold and currency Read Business News.