EconomicIran

Gold Union President: People Should Avoid Emotional Buying and Selling

1 Min Read

The head of the Gold Union advises people to refrain from impulsive buying and selling

The head of the Gold Union stated that despite the decrease in global gold prices last week, the rise in the exchange rate has led to an increase in prices in the domestic market.

According to him, if the central bank intervenes and the exchange rate decreases, there is a possibility for gold prices to adjust and decrease as well.

He advised buyers to avoid impulsive transactions until stability returns to the market.

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