The return of the markets in the second week of July 1401/ fall in gold, coins and stock market
According to Tejarat News, Market performance in the second week of Julyit shows that three markets have declined and one market has grown.
Dollar price
Dollar price In the second week of July, it grew by 0.46%. This figure for last week was 0.03%. The National Exchange dollar was the only market that had a positive return this week.
National ExchangeOn Thursday, July 16th, he announced the sale rate of the dollar at 27,855 tomans. Meanwhile, on Thursday, the 10th of July, the exchange board showed the figure of 27,727 Tomans.
The dollar of the National Exchange increased slightly this week. But in the open market, due to the fluctuations that started from the last days of last week and continued until the middle of the last week, it saw an increase and decrease of about two thousand tomans. But the price of the dollar has been relatively stable since Tuesday. In such a way that the prices fluctuated a little in the last three working days of the week. Of course, some sources believe that Telegram channels announce the exchange rate more than the market floor.
gold price
The yield of the gold market was also associated with a 3.38% drop in the week ending on the 16th of July 1401. This market was considered the third market with a negative return after the stock market and coins last week with a 0.72% drop. But this week, it experienced the biggest drop in price.
gold price On Thursday, it reached one million 383 thousand 945 Tomans. This is despite the fact that every gram of gold was traded for 1 million 432 thousand 423 Tomans on the 9th of July.
Prices for coins
Coin market buyers also experienced a price drop this week. During this period, the negative yield for the new design coin was 2.60%. Meanwhile, this market experienced a 0.96% drop last week. In the first two weeks of June, the coin had the highest growth among the financial markets. For example, the positive yield of the precious metal in the second week of June was 5.37%. In the third week, however, the price experienced a 2.35% drop. In the week ending June 28, the coin once again grew by 1.07%. But in recent weeks, its yield has been negative.
Prices for coins The new plan was announced on Thursday the 16th of July, 15 million Tomans. The coin was worth 15,400,000 last week.
Market Gold and coins Also this week, it experienced fluctuations under the influence of the dollar price trend. gold price In the week that is coming to an end, the channel fluctuated between 1 million 300 and 1 million 400 thousand tomans. In recent days, the price trend of gold was deliberately in a downward spiral. Of course, gold ended the week with an increase, but it still experienced a decrease in yield compared to the previous week.
Prices for coins also had strange fluctuations. In such a way that the coin of the new plan was fluctuating between 14 million and 15 million Tomans. Despite the price drop in the first days, in the middle of the week, the coin experienced an increase of 900 thousand tomans in one day. In recent days, the price fluctuation continued in this market. The coin ended the week with an upward trend and at the border of 15 million Tomans.
The price of the old design coin also went to the channel of 13 million tomans, but it returned to a higher level. Of course, the price of this precious metal was down at the end of the week.
Exchange
But in another way Market performance in the second week of JulyOverall Index Exchange Like last week, it dropped. The capital market ended the current week at the level of 1 million 502 thousand 603 units.
Meanwhile, the total index of the stock market reached 1 million 513 thousand 715 units on the last working day of last week, Wednesday, July 8. These figures mean a 0.73% drop in the total index. Last week, the stock market lost 1.28% of the total index.
Ebrahim Samavi, the portfolio manager of Navid Portfolio Company, said in the weekly forecast of the stock market: “The shadow of uncertainty in the field of foreign policies has been casting a shadow over the stock market for a long time.”
According to this capital market activist, if the JCPOA agreement does not happen and the government intends to. By using the control of producer prices, the current unbridled inflation will depend on Rial industries such as medicine, food, agriculture, rubber and animal husbandry, with a decrease in profit or even an increase in losses.
Effective signals on market performance
According to Tejarat News, the financial markets have been affected in recent times Vienna negotiations were located Of course, the Central Bank has also published a report on liquidity growth in 1400, which has an increasing signal about inflation.
In the last days of this week, signals have been sent to the currency market that can have an increasing effect on the price of the dollar. These messages are on the one hand Nuclear negotiations and the effective cases are related to it and on the other hand to the internal realities affecting the market.
The new US sanctions against Iran, the UK’s warning about exploring other options and the US’s negative comments regarding the continuation of negotiations are among the international signals for the markets.
The currency market usually reacts to the news of new sanctions, political tensions and signs of possible reduction Revival of the JCPOA They say it is sensitive. In this situation, it is possible to increase the price of the dollar.
Worries about the increase in inflation and the supply of dollars are also internal signals that can affect the price of the dollar, gold and coins.
Despite some signals to increase the price of the dollar and accordingly Gold and coins In the coming week, Ali Tabatabai, an expert on financial markets, considers this issue unlikely.
He explains in a conversation with Tejarat News: The dollar has reached its price ceiling and the possibility of nuclear agreements is still high. In this situation, the growth of the dollar price will probably stop. If the market trend is not downward in the next week, it is also unlikely to be upward.
In the meantime, the action of the central bank to spray the currency in the market, once again returned the dollar to the circuit of price reduction. Although in the last days of the week, some foreign exchange market activists reported the lack of dollars and the lack of offers for transactions, but the stability of the dollar price continued yesterday.
The latest news of market developments on the page Market reportRead Tejarat News.