Ali Tabatbai, an expert on financial markets, predicted that each gram of 18-carat gold may become more expensive up to 33 million tomans and coins up to more than 300 million tomans in the coming months.
According to Tejarat News, referring to the possibility of war at the end of January, Tabatbai said that in the event of a military conflict, 18-carat gold may quickly jump to the range of 32 to 33 million tomans by April 1,406. He added that if there is no war, gold will become more expensive and it may take until June 1,406 to reach this price range.
Emphasizing that he considers the current prices of gold and dollars to be the bottom of the market, this financial market expert said that even if a political agreement is reached, he does not expect the prices to drop from the current levels, because local inflation can still be the cause of the increase in gold prices.
Tabatbay also predicted that with the increase in the price of 18 carat gold, the currency may also become more expensive to more than 300 million tomans.