18K Gold Price Trend; Returning from the channel 25 million tomans to a range of 24 million and 900 thousand tomans.
18 carat gold started trading on Saturday with a positive gap of 41 thousand tomans at the rate of 25 million and 65 thousand tomans and continued with a limited increase in demand to the rate of 25 million and 82 thousand tomans.
However, the price increase in higher ranges did not last and 18K gold faced a trend change after registering the daily ceiling and was on a downward trajectory.
This precious metal fell back to 24 million and 897 thousand tomans with the price drop and finally ended the transactions at the rate of 24 million and 901 thousand tomans.
The final price of 18 carat gold shows a decrease of 123 thousand tomans compared to the closing rate on Thursday, which is 25 million and 24 thousand tomans; An issue indicating that the downward pressure on the global ounce is overcoming the growing influence of the local dollar.
Read the details in Akhtaznews.