Sale of bullion deposit certificates in the stock market – Tejaratnews

According to Tejarat News, read the details of the bullion deposit certificate sale in the commodity exchange in this news.

According to Tasnim, Abuzar Shokri added: It is expected that the certificate of deposit of gold bullion will become one of the attractive and golden tools of the capital market.

He stated that the transactions become competitive and transparent with the supply on the commodity exchange platform, and said: This company is satisfied with the supplies made and the demand formed for gold bullion in the physical market of the stock exchange, and so far about 70% of the supplies made have been accompanied by demand and transactions. Is.

Shukri added: Trading in the stock exchange is one of the most up-to-date and advanced mechanized trading systems in the world, and due to the confirmation of the authenticity of the goods offered in the stock exchange and the existence of the stock exchange trading room, both the buyer and the seller can transact on this transparent platform with sufficient confidence.

He also said about Zarshoran’s plans for the current year: According to the plans, we will soon use various and new methods such as credit methods, gold bullion deposit certificates and futures contracts.

According to the CEO of Zarshoran Gold Mines and Mining Industries Development, these methods facilitate the sale and purchase of applicants, and in addition to the ease of providing liquidity for the company, it presents an attractive option for investors.

Regarding gold bullion certificate of deposit transactions, he also said: Each gold bullion certificate of deposit in the commodity exchange is supposed to be worth 100 soot. In this way, small investors can convert their funds into small units of bullion. Since these investments are made on the basis of Iran’s stock exchange and in a safe and transparent environment, it is expected that people will welcome this method.

He added: Considering indicators such as transparency, trust building, lack of price bubbles compared to coin transactions, high liquidity, ability to buy according to the amount of buyer’s capital, low risk and high security, we hope that by launching these tools, the stray liquidity will be directed towards To attract transparent transactions.

Shokri said: In order to further boost the market and help to remove more obstacles from production, Zarshoran Gold sold its bullion on credit in the commodity exchange platform. In this way, the buyer can pay a part of his purchase after providing valid bank guarantees with a short interval.