behind the curtain of the rise in the price of gold; Global ounce or political factors?
The increase in the price of gold is a simultaneous result of factors such as purchases by central banks, the entry of capital into gold funds and concern about economic and political risks in the world.
In the Iranian market, the dollar exchange rate and local inflation also play a decisive role and can amplify the effect of the global ounce fluctuation on prices.
Political developments and expectations regarding interest rates also change the course of the market; For this reason, the price of gold is always affected by a set of changing factors.
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