President of the Jewelry Union: Corona virus is the cause of fluctuations / We are ready to bring calm back to the market

The head of the jewelry sellers and manufacturers union said: "We see the effects of the outbreak of this virus even in the global ounce price, which can be considered as one of the reasons for the fluctuations of this virus." Fluctuations lead to problems in the gold market, but the jewelry industry is prepared enough to calm the market. Gold fluctuations do not benefit us, but benefit our industry when exchanges are made.

The bars of gold to the metal online, Ayatollah Mohammad Wali said at least four to five months, the virus Corona all traders, especially the jewelry have problems, so that the gold industry shut down completely created. In fact, the corona virus has spread all over the world, and we are no exception to this rule, and our industry has stagnated and we are still seeing its effects.

He added: guilds, especially the jewelry industry, perform their duties; But at the moment, it is the duty of the government and its subordinate organizations to help the guilds and to help the guilds in terms of taxes, insurance, returned checks, and so on, so that we can overcome this problem and return to the past.

Mohammad Vali reminded: whatever fluctuates, businesses will get into trouble; But the jewelry industry has prepared itself enough to calm the market. Gold fluctuations do not benefit us, but benefit our industry when exchanges are made.

Referring to VAT , he explained: "The reason why VAT has shown itself more in the gold industry is that 9% of the total should be taken from the consumer and given to the tax administration, so some businesses could not themselves." Adapted to these conditions and some were forced to close. Value added tax entered the field unprofessionally. Representatives of the Tax Administration and members of parliament defended the issue, but when they saw the results and how it was implemented, they realized that the law had its drawbacks.

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• Today, Sunday, 04/08/2016 / The increasing trend of gold and coin prices in the market + price table

The head of the Union of Sellers and Manufacturers of Gold, Jewelry and Coins, stated: 800 thousand Tomans  is raw gold money , if we consider the salary, in some cases it reaches over 900 thousand Tomans, and 9% of this amount is a high amount that causes a recession. It becomes gold in the industry. Value added tax is in the industry's interest when the original gold price is exempt; If this is implemented, prosperity will return to the market. Of course, we expected this issue to be implemented from the beginning of 1999, but this has not happened yet.

People should not enter the golden field of water

Mohammad Wali in response to the question of whether the meaning of the gold trading application is the same system that the Ministry of Silence should have implemented in the subject of the bylaw of Article 14 of the Anti-Money Laundering Law? He said: "It may have been about three or four years since the start of the fight against money laundering , and all the guilds were told that the buyer and seller of each transaction must be known, and given the high price of gold, this issue is more common in this market." Attention.

The official continued: "We ask the guilds to include the details of the people in every transaction they make and to make sure that the purchase is made with a national card."

"I advise people not to enter the realm of molten gold," said the head of the Coin Jewelry Sellers and Manufacturers Association, according to a report from Mehr. Currently, the demand in this field is more than the field of gold artifacts, which we hope will change this trend.