overall index growth in a volatile market; How does gold arbitrage work? Audio version ▫ The stock market today, October 26, was associated with a relative improvement in transactions; The overall index was up 0.68%, but the weighted index was down 0.18%, and there were still more negative signs. ▫ In the first part, while examining the market map, buying and selling queues and the value of 41.9 hemati transactions, we discussed the entry of 956 billion tomans of real money and the conflict between buyers and sellers. ▫ Also, by examining the fluctuations of the symbols and the state of the indices, we examined the signs of a relative improvement in demand and the continued concern of the traders about political risks and war conditions. ▫ In the second part we examined the concept of arbitrage and the possibility of profiting from the price difference of an asset in different markets. Focusing on the certificate of deposit of gold bullion and physical gold, we explained how to calculate the base value of gold based on the world price of an ounce and the dollar rate, and compared the price of these two markets with the calculated value of gold. ▫ We also discussed the concept of positive and negative bubbles and costs such as shipping and storage that can affect the profitability of arbitrage opportunities. The link of this program is in the mechanism.