The stability of the gold price with the decrease in the exchange rate
In an interview with Iran Economist reporter, Mohammad Keshti Arai said today, Friday (December 23), that the world price of gold went up at the beginning of the new year and averaged 22 dollars, and the week before that it was 46 dollars and a total of 48 dollars. . In the last week, when the price of gold rose, the exchange rate was stable, and for this reason, the fluctuations in the price of gold were not too high, and the price changes were due to the changes in the price of gold.
He added: Also, in the last week, the price of all kinds of coins, due to the Central Bank’s announcement regarding the transfer of a quarter of a coin from Saturday (January 24) in the Bubble Exchange of this type of coin and the demand for its purchase, decreased sharply, and the positive effects of this news on It was also noticeable on other types of coins so that their bubbles also decreased.
The gold market activist said: Last week, the world price of gold reached 1888 dollars, which is the highest price in the last eight months. The old design coin was 20 million Tomans in the last transactions of the previous day and had an average weekly price increase of 850 thousand Tomans.
He continued: The coin of the new design reached 21 million and 200 thousand tomans with an increase in price of 950 thousand tomans during the week. Half a coin also increased in price by 100 thousand tomans last week and was traded at the price of 11 million 900 thousand tomans.
Keshti Arai stated: As mentioned, the quarter coin bubble was emptied due to the supply on January 24th, and the price was reduced by 700 thousand tomans in the last transactions with an amount of seven million and 750 thousand tomans. The price of one gram coins did not change during the last week and was equal to four million and 300 thousand tomans.
According to him, each shekel of melted gold and each gram of 18 carat gold recorded a weekly price increase of 382 thousand tomans and 89 thousand tomans respectively.
This trade union activist stated: Last week, the gold market was far from excitement and the prices were fluctuating transparently and based on economic indicators, one of which is the global human price, and it can be said that the decrease in the exchange rate caused the stabilization and stability of the prices in the gold market. .
In the end, he said: In general, the gold market is normal and compared to the previous days, it was out of recession.