"The Biggest Loser" half coin of the week | 18 carat gold became cheaper by 646 thousand tomans Gold and coin market forecast next week.
A review of transactions in the gold and currency market from Saturday, November 7 to Thursday, November 12 shows that all assets studied, except for the gram currency, recorded negative returns. With a decrease of 3%, the global ounce of gold had the highest negative return among the assets under review, and in the local market the halving of the currency experienced the largest relative decrease with a decrease of 2.64%. The Emami coin also recorded the biggest price drop in terms of quantity among local assets with a loss of 6 million tomans.
Trading in the third week of November began in a situation where the two main factors determining the price of gold in the local market, namely the free dollar rate and the world ounce rate, were in a different state. After last week's fluctuations, global gold was in the range of $4,070 and due to the closure of global markets on Saturday and Sunday, there was no significant change. On the other hand, the free dollar faced increased selling pressure and retreated from the range of 267,000 tomans at the beginning of the week to lower channels.
Report details.