Gold, Coin and Dollar Prices Today, Monday, Mehr 20, 1405: Price Declines Begin in the Market

Gold, coin and currency markets today followed the downward trend of recent trading, with prices falling. Reduced demand in the currency market, relative stability of the political climate and a drop in the global gold ounce have put prices under pressure; the dollar and euro have become cheaper, and the gold and coin markets have also seen rates retreat.

The gold, coin and foreign exchange market today continued the downward trend of the previous transactions, accompanied by a decrease in prices. The drop in demand in the currency market, the relative stability of the political environment and the decrease in the global gold ounce have put pressure on prices; In the meantime, the dollar and euro became cheap, and the gold and coin market also faced a retreat of rates.

Sefir Arjan-Economic Group: The gold, coin and foreign exchange market was accompanied by a downward trend in the transactions on Monday, October 20, 1405. In the open market, the price of the dollar decreased by 1,000 tomans compared to the previous day and reached 262,000 tomans, and the euro decreased by 4,000 tomans at the level of 295,000 tomans. At the same time, the price of 18 carat gold and Imami coins also decreased.

The drop in demand in the foreign exchange market, the relative stability of the political environment, and the actions of the central bank for the supply and management of foreign exchange are among the factors that have been mentioned in the market reports to reduce the price of the dollar. In the gold market, the drop in the exchange rate along with the drop in the global ounce has affected the prices.

The free dollar price reached 262 thousand tomans today, Monday, October 20, with a decrease of one thousand tomans compared to the last transactions of the previous day. The American banknote closed at the level of 263 thousand tomans on Sunday, and today, in a calmer atmosphere, the price decreased.

The euro also moved in line with the dollar and reached 295 thousand tomans with a drop of four thousand tomans. The decrease in the demand for buying foreign currency and the reduction of temporary concerns in the political environment are among the factors proposed for the drop in rates.

Meanwhile, Ismail Baqaei, the spokesman of the Ministry of Foreign Affairs, has announced the continuation of the exchange of messages between Iran and the United States through mediators. Political developments and news related to foreign relations are still factors that can affect the expectations of traders and the trend of the currency market.

In the agreed currency market, the dollar entered the channel at 179 thousand tomans. The selling price of the agreed dollar is 179 thousand 478 tomans and the buying price is 177 thousand 863 tomans. The agreed exchange rate is different from the dollar price in the open market.

Today, the gold and coin market was also accompanied by a decrease in the prices of a number of items. According to the rates announced in the market report, each gram of 18 carat gold reached 26 million 155 thousand 500 tomans with a drop of 186 thousand 500 tomans. The price of a shekel of gold was also announced with a decrease of 810 thousand tomans, 113 million and 300 thousand tomans.

In the coin market, Imami coin decreased by one million and 700 thousand tomans compared to the previous day's transactions, reaching 265 million and 900 thousand tomans. The Bahar Azadi coin was traded at the price of 259 million Tomans, and the half coin reached 141,300,000 Tomans with a drop of 500,000 Tomans.

The quarter coin cost 74,900,000 tomans with a decrease of 1,100,000 tomans. The gram coin remained unchanged from the previous day at the level of 37 million tomans.

The global ounce of gold was recorded in the market report at the rate of 4 thousand 178 dollars. The decrease in the price of the dollar in the domestic market and the drop in the global ounce have been two factors that have influenced the downward trend in the price of gold and coins in today's transactions.

However, the continuation of the price reduction is not certain and the market trend in the following days will depend on the changes in the exchange rate, the global price of gold, the level of demand and political developments.

Today, Sunday, October 12, 1405, the currency and gold market, continuing the upward trend of the previous days, was accompanied by a significant increase in prices; The dollar recorded a new record, and the gold and coin market also saw price growth under the influence of this jump. In a situation where political uncertainties continue to cast a shadow on transactions, new signs of the continuation of inflammation are seen in the financial markets.

The price of gold, coins and dollars today, Saturday, October 11, 1405, on the first trading day of the week, was accompanied by a new wave of growth due to the strong increase in the exchange rate. The dollar reached a new range with a significant jump, and the gold and coin market also set new records while the global ounce was in a downward trend. New prices and new stagnations in the prices of gold, coins and dollars were recorded on the boards today.

The price of gold and coins today, Sunday, September 15, 1405, was accompanied by back and forth fluctuations; 18 carat gold retreated after the initial rise and Emami coin also decreased, while the growth of the dollar and exchange rate fluctuations are still considered the most important signals of the gold and coin market.