A | Geopolitics turned gold red ▫ The precious metals market turned red at the end of last week; The global price of gold fell below $4000, the price of silver fell to $53, and platinum accompanied this trend in the market. ▫ The increase in oil prices and fears of an escalation in tensions in the Middle East caused volatility in the markets at the end of the week. The price of Brent oil rose to $116 for the first time after the 40-day war between Iran and the US. ▫ In this risk-averse environment, the cryptocurrency market also turned red. Bitcoin price lost the $81,000 level and crossed the $79,000 and $80,000 channel today. The base metals market was green on the last day of the week. Why did copper move the opposite of gold and silver on Friday? ▫ In the local market today we saw a drop in the price of dollars, gold and coins. The price of the coin reached around 264 million with a drop of more than 10 million compared to its historical high. The total index of the Tehran Stock Exchange was also in a downward trend and recorded a significant exit of more than 8 hemati.

A | Geopolitics turned gold red ▫ The precious metals market turned red at the end of last week; The global price of gold fell below $4000, the price of silver fell to $53, and platinum accompanied this trend in the market. ▫ The increase in oil prices and fears of an escalation in tensions in the Middle East caused volatility in the markets at the end of the week. The price of Brent oil rose to $116 for the first time after the 40-day war between Iran and the US. ▫ In this risk-averse environment, the cryptocurrency market also turned red. Bitcoin price lost the $81,000 level and crossed the $79,000 and $80,000 channel today. The base metals market was green on the last day of the week. Why did copper move the opposite of gold and silver on Friday? ▫ In the local market today we saw a drop in the price of dollars, gold and coins. The price of the coin reached around 264 million with a drop of more than 10 million compared to its historical high. The total index of the Tehran Stock Exchange was also in a downward trend and recorded a significant exit of more than 8 hemati.