Gold and Coin Prices, 21 Mehr 1405; Coin Prices Drop by 5.3 Million Toman
Gold and coin prices are trending downward today, Tuesday, 21 Mehr 1405. The decline began yesterday alongside a drop in the dollar and has intensified today as currency rates continue to fall. The 18-carat gold has lost the 26 million toman resistance level, and the Emami coin has lost the 260 million toman channel.
The price of gold and coins today, Tuesday 21 Mehr 1405, is on a downward trend. The decrease in prices started yesterday and at the same time as the dollar fell, and today this trend has intensified with the continuation of the drop in the exchange rate. In the meantime, 18 carat gold has lost the resistance level of 26 million tomans and the Imami coin has also lost the channel of 260 million tomans.
The price of gold and coins today, Tuesday, 21 October 1405, after a short period of stagnation and a trading break, now has a more specific trend and is moving in a downward direction. While the global ounce of gold has increased today, the drop in the dollar is still the main factor of pressure on the domestic market and has largely neutralized the effect of the ounce's rise.
Today, the global ounce of gold is in the range of 4188 dollars with the price increase; However, global gold currently does not play a prominent role in domestic market transactions and is not considered an influencing factor. On the other hand, the dollar, as a more influential factor on the price of gold and coins, has lost the level of 260 thousand tomans today and has reached 259 thousand tomans with a decrease of two thousand tomans compared to the last cash transactions of the previous day.
In general, the continued decline of the dollar and the loss of important price levels have increased the downward pressure on the gold and coin market. Analysts believe that if the gold price correction continues, the range of 25,500,000 to 25,600,000 tomans can be the first important support range for 18 carat gold.
Coin prices decreased in all million pieces
Today, the price of the coin has decreased by millions in all parts. The price of Emami coin has decreased by five million and 300 thousand tomans compared to the previous day's transactions, with the amount of 259 million and 600 thousand tomans, announced by the Jewelry Association. Bahar Azadi coin is also traded at 252 million 500 thousand tomans with a drop of 3 million 500 thousand tomans.
With a decrease of one million and 900 thousand tomans, the half coin has reached the figure of 138 million and 200 thousand tomans. The quarter of a coin has also reached 73 million tomans with a drop of 1.2 million tomans. The gram coin is also traded with a decrease of one million tomans, with the figure of 36 million tomans.
The price of 18 carat gold decreased by 325 thousand tomans
The price of gold today has opened with a downward trend. According to the prices announced on the website of the Tehran Gold and Jewelry Association, the gold shekel has decreased by one million and 410 thousand tomans, and is at the figure of 111 million and 580 thousand tomans. 18-karat gold is also traded with a drop of 325,600 tomans, with the figure of 25,758,000 tomans.