The continuation of the current gold price trend in the coming days

According to Iran Economist, quoted by IRNA news agency; Mohammad Keshti Arai said in an interview: The world price of gold changed little last week until Wednesday, but yesterday it decreased by 27 dollars and reached the figure of 1934 dollars, which was the lowest price of gold in the last five months.

He added: During the last week, the exchange rate fluctuated; In this way, it had a downward trend from the beginning of the week until the middle of it, then on Wednesday it experienced a brief upward change, but the exchange rate decreased again yesterday and this affected the price of gold.

This union activist said: In general, according to the good economic and political news of the country and international and extra-regional relations, it seems that the country’s economy has grown and this economic growth caused the value of the rial to increase and the exchange rate to decrease. All these events have caused all capital goods such as gold and currency to have a downward trend.

Keshti Arai stated: The price of other precious metals such as silver, platinum and palladium also decreased last week.

He said: In the last transactions of the previous day, the price of all types of coins (old design, new design, half coin, quarter coin and warm coins) did not change compared to the beginning of the week, and we saw the stability of the price.

According to this union activist, the price of each shekel of melted gold decreased by 100,000 Tomans, and the price of each gram of 18-karat gold decreased by 30,000 Tomans.

He said: The coin bubble also fluctuated between 5 million and 200 thousand tomans and 5 million and 800 thousand tomans in the fourth week of June.

This trade union activist said: Last week, while the prices of all kinds of coins and gold fell, we also witnessed price stability, and it is expected that this trend will continue in the next few days.