After not having its best week in two months, gold did not change much in Monday's trading in the global market, where there were new concerns about the second wave of the Corona virus outbreak in Beijing. The exchange rate in the Tehran market fluctuated. The price of the dollar reached 18,040 Tomans and the price of the Euro became 20,200 Tomans.
Gold Cafe - The price of an ounce of gold in the domestic market reached $ 1733.60 per ounce.
In US futures, gold fell 0.1 percent to $ 1,734.90 an ounce. Gold rose 2.6 percent last week, the biggest weekly gain since April 10.
"The economy is not doing well, and the prevalence of Covid 19 has risen again, and in an environment where interest rates are low, gold will continue to have buyers," said Stephen Ince, senior market strategist at OxyCorp.
After weeks of lack of new cases of coronavirus, dozens of new cases have been reported in Beijing in recent days. On the other hand, the number of new cases and hospitalizations in the US states has increased.
Growing worries about the resurgence of the disease hit investors' risk appetite, causing Asian stock markets and oil prices to plummet.
Another factor that supported the price of gold was the 0.2% drop in the US dollar index.
According to Reuters, new statistics show that China's industrial production grew less than expected in May, reflecting the effects of the coronavirus outbreak on the country's economic activity.
In other precious metals, silver for immediate delivery fell 0.3 percent to $ 17.39 an ounce. An ounce of palladium traded down 0.1 percent at $ 1,916.57 an ounce. Platinum for immediate delivery stood at $ 805.17 an ounce.
The price of 18-carat gold in the domestic market reached 740,200 (seven hundred and forty thousand and two hundred) tomans.
Gold rose to $ 1,727 an ounce today, down 0.21 percent from two days ago.
Also, each 18-carat gold coin was traded for 3,208,000 (three million, two hundred and eight thousand) tomans.
The price of the dollar in the Tehran market was 18,040 (eighteen thousand and forty) tomans.
The price of Euro in the Tehran market reached 20,200 (twenty thousand and two hundred) Tomans.
Also, 22,552 pounds (twenty-two thousand five hundred and fifty-two) tomans were traded.
The Turkish lira was priced at 2,645 (two thousand six hundred and forty-five) tomans in the domestic market.
Purchase price of US dollars: 17,500 Tomans
Sales price of US dollars: 17,750 Tomans
Purchase price Euro: 19,500 Tomans
Sale price of Euro: 19,750 Tomans
The coin cost 762,000 tomans
The price of coins in the Tehran market reached 7,620,000 (seven million six hundred and twenty thousand) tomans.
The Bahar Azadi coin was priced at 7,300,000 (seven million and three hundred thousand) tomans.
Half a coin in the domestic market was priced at 3,770,000 (three million seven hundred and seventy thousand) tomans.
A quarter of a coin reached 2,030,000 (two million and thirty thousand) tomans.
Also, each gram coin was traded for 1,090,000 (one million and ninety thousand) Tomans
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