Peace and stability dominate the gold market

“Mohammed Keshti Arai” in an interview with Iran is an economist Statement: Last week, the price of gold and precious metals such as silver, palladium and platinum decreased sharply.

He said: The global price of gold decreased by $32 in the last trading session to reach $1926. On the other hand, due to the low fluctuations in the exchange rate and the drop in the global price, the price of gold continued to decline in the domestic market.

This union activist said: In the last trades of the previous day, compared to the beginning of the week, the price of the old design coin decreased by 630 thousand tomans, the new design coin by 700 thousand tomans, the half coin by 100 thousand tomans, the quarter coin by 100 thousand tomans, and the hot coins by 200 thousand tomans.

Keshti Arai stated: In general, the price of all kinds of coins has decreased due to the decrease in world prices and the stability of the exchange rate.

He continued: The price of each shekel of melted gold decreased by 125 thousand tomans compared to the beginning of the week. Each gram of 18 carat gold recorded a weekly price drop of 24 thousand tomans.

He said: The bubble of all kinds of coins, especially half coins, quarter coins and one-karam coins, decreased due to the decrease in demand during the last week, and the bubble of new design coins reached five million and 700 thousand tomans.

According to this trade union activist, in the last week of June and the first day of July, the gold market was calm and stable, and the price drop continued this week as in the previous weeks.

He said: It is expected that due to the decrease in the global price of gold and other metals, in the next few days, we will not see any particular fluctuation in the prices of all kinds of coins and gold, and stability and peace will continue to rule the market.