Gold and Coin Prices Today, 23 Mehr: New Record Set

Emami coin traded at 269.3 million and Bahar Azadi coin at 258.7 million, a gap of 10.6 million tomans. Interestingly, the Emami coin rose more than Bahar Azadi (+0.94%), widening the gap.

The price of gold and coins turned green today when the dollar jumped by 3,600 tomans to reach 266,500 tomans and the Imami coin increased by 4,100,000 tomans to 269,300,000 tomans.

In today's market, the price of the dollar reached 262,900 tomans, which was an increase of 3,600 tomans compared to the last day, which was 266,500 tomans.

Each gram of 18-karat gold today became 26,003,009 Tomans, while yesterday it was 26,280,068 Tomans, which became more expensive by 277,059 Tomans. Also, each gram of 24-karat gold today became 34,618,402 Tomans, which was 35,040,090 Tomans yesterday, and it has become more expensive by 421,688 Tomans.

Each shekel of melted gold was 112,640,000 tomans yesterday, while today it was 113,840,000 tomans and recorded a jump of 1,200,000 tomans.

The price of Imami coin was 265,200,000 Tomans yesterday, while it has reached 269,300,000 Tomans with a jump of 4,100,000 Tomans in today's market.

The price of Bahar Azadi coin was 256,300,000 Tomans yesterday, while today it was 2,400,000 Tomans more expensive and reached 258,700,000 Tomans.

The price of half a coin yesterday was 140,500,000 tomans, while today it became more expensive by 2,200,000 tomans and reached 142,700,000 tomans.

A quarter of a coin was 74,500,000 tomans yesterday, and today it reached 78,000,000 tomans, an increase of 3,500,000 tomans. Also, the price of one gram coin was 36,000,000 tomans yesterday and today it increased by 2,000,000 tomans to 38,000,000 tomans. Also, the gold price was 4142 dollars yesterday, while it reached 90.4152 dollars in today's market.

Dollar, the only real driving force today

It seems that the 1.37% growth of the dollar, i.e. from 262,900 to 266,500 tomans, explains the major part of the growth of raw gold. Also, raw gold has moved even a little behind the expected growth, which is a sign that there is no bubble in the raw gold sector and the market is acting real and logical.

18-karat gold, 24-karat gold, and molten gold moved almost in sync with each other, the growth of this sector is the result of real demand and currency jump, and there is no meaningful bubble, so for the consumer and long-term buyer, this is the safest part of the market.

But the Imami coin was traded today at 269.3 million, compared to 258.7 million traded yesterday, and the gap of 10.6 million tomans is an interesting figure, and interestingly, the Imami coin grew more than the Spring of Freedom and widened this gap.

Also, in percentage of growth, one gram coin and quarter coin were the leaders, and this growth is more than twice the market average, which is a sign of the entry of small and hot money into the light weight coin sector and a signal that usually appears before correction or strong fluctuation.

the relative backwardness of the global human race; The upcoming domestic market

The global market also grew today, but the domestic market increased by an average of 1-1.5%, which means that all the growth of the domestic market is the product of the currency jump and not the heat of the yellow metal in the global markets.

Therefore, if Anas takes a serious upward trend in the coming days, there is a potential for double growth for the Iranian market; But if the ounce falls and the dollar stabilizes, the possibility of the correction and emptying of the coin bubble will increase.

On the other hand, unlike yesterday, when the growth was unbalanced and bubbly, today the all-round growth seems more logical; Crude gold has risen along with the currency and coins have also grown.