The coin bubble increased by 500 thousand tomans

According to the report of Iran Economist, Mohammad Keshti Arai, a gold market activist, said in an interview with Iran Economist: In the past few days, the exchange rate fluctuated slightly and the average of 300 tomans increased, and the global price of gold has also decreased by an average of 25 dollars.

He added: Due to the slight fluctuation of prices in the foreign exchange market and global exchange rates, this week the prices were stable in the gold market and we saw a slight fluctuation.

Keshti Arai said: The average price of the new design coin was 14,900,000 tomans, although it reached 15,500,000 tomans in the middle of the week, but it fluctuated between 14,900,000 tomans and 15,500,000 tomans. .

He stated: Half a coin also fluctuated by 130 thousand tomans this week and was traded between 8 million 150 thousand tomans and 8 million 280 thousand tomans, and a quarter coin with 40 thousand tomans fluctuated between 5 million 200 thousand tomans and 5 million tomans. 1 million and 240 thousand were traded.

According to him, the price of each melted gold shekel has changed a lot during the day, and the lowest price, which is today, is five million and 970 thousand tomans, and the highest figure is five million and 880 thousand tomans, which means that each shekel of gold fluctuates by 90 thousand tomans. had

This market activist stated: The price of each gram of 18 carat gold also fluctuated by an average of 10 thousand tomans and the lowest price was 1 million 333 thousand tomans and the highest figure was 1 million 345 thousand tomans.

Gold market activist Mohammad Keshti Arai, in an interview with a reporter about the developments in the gold market in the last week of October, said: We witnessed a stable week in the gold market, and the market and demand were in proportion, and the market was a bit stagnant. He continued: The coin bubble is still high because there is no supply against the usual market demand, and even compared to last week, it has faced an increase of 500 thousand tomans.

This gold market expert said about the high price fluctuation in molten gold: Molten gold is the most sensitive part of the market because the price of gold, the production and distribution of all kinds of artefacts depends on the molten gold, so the price of molten gold during the day is sometimes 20 The order changes and what is important is its fluctuation rate, and this week it fluctuated in the range of 90 thousand tomans.

Regarding the forecast of the gold market in the coming days, Keshti Arai said: the foreign exchange market, as one of the indicators affecting the gold market, has always been affected by the nuclear negotiations, and considering that the negotiations have been stopped and during this period, the price fluctuation in the foreign exchange market We did not expect the exchange rate to remain stable

He added: “The global price of gold also has a downward trend with the changes it faced this week. It seems that the global price of gold does not want to increase, so we will have the same routine in the next week and there will be many changes in the price of coins and We do not predict gold, because we do not have a specific political and economic event that will affect the price of gold, coins and currency.