[000:00:00;00] well, you are with the economy desk, i want to check how to invest in the gold and coin market in the commodity market before entering into the discussion , thank you for introducing me to you colleagues in the analysis of the sed and sima news agency , there is a report for you that in this we will see each other, we will come back, we will be at your service by talking to the customers of the certificate of deposit market and gold bullion future contract, both real and legal customers, before entering this market, they must receive the trading code of the financial market of the commodity exchange, which is issued in two the mode is possible in the first mode if the brokerage license

has commodity-based derivative transactions and has provided the possibility of electronic access to request the issuance of a transaction code for its customers , natural persons can send their request electronically through the customer club section or the software of that brokerage, in this case , then from the receipt of the confirmation sms by the real customer, all the information is called in the sejam system and the customer must enter their additional information in the system so that the commodity exchange receives this information through the brokerage and final review and approval of the trading code of the financial market of the commodity exchange for the individual. in the second case, if the brokerage

has not provided electronic access to the exchange system and the request to issue a trading code for its real customers, real customers must go through the processes related to receiving the trading code of the financial market of the commodity exchange, just like legal customers, and through their broker. brokers should upload the information related to real and legal customers along with the required documents in the customer system of the commodity exchange and send it to the exchange after the initial approval and obtaining the customer's signature and resend it to the commodity exchange if the documents and documents are complete. the trading code of the financial market of the commodity exchange is issued to the customer. for the activity of the gold bullion futures market, after receiving the trading code of the financial market, they must complete the risk statement form and inform the broker of their account number. after matching the account number in the option with the relevant bank, the trading

code of the derivative market will also be activated for these customers . mahmoud, it was held at the college of broadcasting and broadcasting, colleagues, how to trade in the gold deposit of mr. fallah . this is the big asset that makes it attractive for us. why is a person who has money now? from 300 anyone who wants to spend between one thousand tomans and one million tomans will have to trade in this market . this market is being launched in line with the government's economic reform policies so that we can provide people with a safe and legal way to invest in gold. now there is an alternative. that people have to invest in gold development, should i buy manufactured gold from the market, should i buy molten gold, molten gold has biscay, it has a quality risk

, how much is this gold really, is the song that is being used right or wrong, there are tax debates, debates maintain there is, but now in this market there is a legal market under the supervision of the ingots that enter our coffers, are they domestically produced ingots that the producer himself is supposed to put in our coffers, or will they be imports that can be imported with bank mellat, which is now our coffers. let's agree on authenticity, because bank mellat has guaranteed quantitatively and qualitatively, bank mellat's treasury is insured, and bank mellat has placed a guarantee in front of the exchange room of the commodity exchange, which means that the capital market has not guaranteed authenticity and quality . bank mellat has a very low cost of storage. there is

a cost to keep these numbers for people there is a proof of this cost, the cost of storage is 40% of the value of the gold in one year. if bank mellat stores it for one year, a person who has tried with bank mellat will pay 40% of the value of that gold. now, with these prices, the cost of the certificate is about 32 rials for each day of storage , which means that every day that the certificate is kept , the storage fee must be paid by the individual . this market is exempt from income tax and sales tax.

value added, you have no tax, whoever he can buy and sell in this market and make a profit. the first class belongs to him. he does not pay any tax. he who deals in stocks has half a percent sales tax . there is no half percent tax on my sales here. there is a 100% tax exemption . transactions can be done online, you can. trade gold from home, without references, all money transfers are through the banking network . you are sure that you can now sell gold if you use more than a gold shop because of the restrictions on money transfers. money transfer usually, selling gold in high numbers will give you checks without the possibility that it may not happen tomorrow or that a problem will happen to you. as a result , it is not very easy to buy and sell in the over-the-counter market with high skills. here, each person

can buy up to 50 kilos of gold. and keep it well. it is a big number. it is 150 billion dollars. you can't easily get 750 billion dollars in the system outside the commodity exchange . it is safe and easy to exchange with paper, but these transactions are on the secondary market. from one day, the trading hall will launch them with the presence of national authorities will open transactions and it has been used, the opening is next week, god willing, the transaction will take place tomorrow, the transactions will start tomorrow, but the opening is from next week, when the transactions start nationally and this market is launched, we will have an opening a month ago, and after that from 12:00 p.m. to at 3 o'clock in the afternoon, trading is continuous from all

days of the week, on thursday, these trades are also open . for what reason, the global market is overactive. the global market is open. people can invest in this market. thank you for telling me how much now . this explanation that mr. fallah can be attractive okay, for investors, and how much your presence can be helpful for us to have 3d in the gold market. mr. fallah mentioned very well that there are several main stakeholders in the producer regarding the issue of our certificate of deposit . it publishes a curtain that is very good for the producers , it can be a very good tool for providing working capital and developing the production of shurijat, on the other hand , it creates a trading boom and income boom for our days

. there is a final option next to them. capital market activists here, specifically, legal activities , i.e., investment funds in gold, which can be the main beneficiaries, are the active target of capital market trustees, primarily to boost the market through indirect investment. currently , we have 11 gold funds in the capital market. which compared to the return of 30% from the beginning of the year to the middle of march in these funds, the average return is 80%, and some people, instead of involving themselves in the mechanism of buying certificates of deposit , coins or any other goods , can directly theft of goods boxes the goods are from gold funds and from there, he should use the professional management that exists in this fund, and regardless of whether i can leave the fund in

its place , i always counted it as stable. for example, we cannot go to the market to buy 300,000 tomans worth of gold or, for example, 1,000,000 tomans in the market. how much can it help someone who has little capital and wants to preserve its value ? it can be an entry point for many companies. you didn't happen suppose, like other currencies that happened in the commodity exchange, if the currency is not in accordance with the demand, the nature and demand may cause a lot of excess to the demand, and you should create a buying and selling page, and maybe even if you come , let's put an unlimited mechanism or the market manager next to the broker cannot answer the demand, so this is a very good starting point , but the market manager, especially our colleagues in the commodity exchange

, must think about this issue and have their body parts on the agenda, and my first and last distribution is always to the respected investors that the market medium or long-term investor naturally continuous presence if knowledge if you don't have transactions, you can't manage small things at the same time, as falah pointed out, the gold market in the global market is completely changing, if the investor can't coordinate himself and the developments that are currently very serious on top of all kinds of myths. it is our markets that may be their women, now even if they want to come and buy one under the other , it will lead to the delivery of falah lovers, what is the amount of supply in the first phase to the first phase, now with the agreements that nitro has with zarshuran and

pearl gold, tons of gold. to the reduced amount and the amount inshallah, it is also in the stage with three tons of gold stock, god willing, we will start trading, but it is not good. it is equivalent to 400,000 gold coins in the whole spring . it is good. it is a tenth of gold. it is definitely low. yes, in order to manage the demand side, we made an announcement and announced today. legal entities other than bazargardan fund do not have the right to buy and until further notice, this issue was not mentioned. yes , now only real persons and gold investment funds and bazardaran fund, which is on the symbol , are allowed to make the purchase . gold holders also express our efforts

supply through this mechanism, they can be suppliers of gold by referring to the commodity exchange, other gold producers and gold importers based on the new policy announced by the central bank and approved that the government allows individuals to import gold into the country and to welcome from the way of importing gold into the country, we were contacted by people who are gold importers who are willing to bring it to mechanist lai to sell it to them. as a result, send and in as a result, those who want to import gold in the future or those who want to produce gold , now our gold mines are not working at full capacity

, lower than their capacity and attract capital and facilitate their sales mechanism, these can increase the production of other producers. we have the mantle of our country that if these resources are injected into these producers through the mechanism of issuance of bonds, this can help to increase production and investment in the development of information and the first country to have physical delivery. investing in the demand for divorce has been physicalized, should it be delivered, should it be physically received? what should i do? the gold is going into our treasury. according to the information you gave us, with a tolerance of 50 grams per kilo, the delivery capability of the gold producer can be 950 grams of gold bullion up to

1 kilo of 50 grams. in our treasury, the gold carat is also 995 plus, that is, 995, 96, 97, 98 and 99 24 carats. as a result, in order for people to be able to request delivery, we said that everyone must have 11,000 sheets of decoration, which means that they must have papers equal to one gram of 995 gold. her weight will be changed in the occasion those tolerances that exist, as a result, we said that anyone who has 11,000 sheets would receive a delivery request. my system is based on the delivery request that the person is going into the warehouse

. if he has the amount and documents required for this gold, he will clear the selected bullion, for example, from 11,000 to 10,700 to 1,100, and depending on the chosen sword, he will invalidate it , the documents equivalent to that gold will be invalidated, and the rest will be invalidated. he returns the remaining papers to the customer's account after that these papers were invalidated and the equivalent of bullion was allocated, the customer goes to the warehouse and us to take delivery, but considering that there is supposed to be a representative of the manufacturer and importer present at the delivery place, if

possible, regarding the quantity and quality. there was a discussion, he should be responsible, of course, the storekeeper is responsible, but the presence of the representative of my soul is pregnant, he said that i know that this coordination must exist for the presence , i will make the coordination within 2 working days at the most, the person will come, the manufacturer's representative will also come, and where the customer it will be delivered we also check your authenticity. in terms of authenticity, we have intrusive inspections of the warehouse, and these inspections are carried out by a laboratory approved by the stock exchange

. if he has a claim regarding the quantity or quality, he can request the laboratory , he has to pay the test fee. give it to the people and they should replace his sword with a new ingot that he replaced. again, if the customer agrees, go and go. if the captain re-tests the method of doing this main point in the time you said and his wife is fasting and this did not happen, the quarter of coins is good mechanism. their delivery is proportional to the number of pants of the customers who came and bought them. they didn't fit together anymore. the central bank said that you would receive your delivery request five days later, from the time you made your delivery request until the bank gives you a turn. in its system, the

ribbon storage fee there is no sign of tooth brushing with the victorious batman it was clear that people have to be patient for more than two days to receive the goods. here you can see the number of people we are facing and the beneficiaries we will find . we will start up to 3000 bullion bars and ebrahimian will buy if i want to ask for delivery, and because there is a secondary market, the delivery request rule will be lower , the secondary market will not have it, and people will have to take it, but here is the secondary market as a result of the suspension request already, remember that this is the same refah bank. its symbol has been working for years. we have never had people there. i could

easily tell that they took over their thoughts without any regrets. mrs. factory made the fluctuation range of the fluctuation range and you , how many percent did we consider the fluctuation range on the first day and we start without the fluctuation range. from the second day, the range of positive fluctuation is minus 5% of the total price of the previous day, considering that the market is open every day of the week, history has shown that gold has not fluctuated more than 5% in one day, so we probably have a problem with the range of fluctuation. or the ancient buying and selling page had according to the markets the same hosseini, we look at the logic of choosing the range of the historical price fluctuation in the historical history of the price of the game, what price has fluctuated in the end

, he chooses a percentage higher than this range as the choice, all days according to the global market , monday to friday and thursdays, but we are not on friday, it is possible that in the future we will go in this direction on fridays and this market , that is , we will have the market open every day of the week so that people can trade gold in the same market as in the free market. safe, tax free and transparent as well 24 as promised, the clock has completed 4 years of 97 days and closed trading. one of the reasons is that we have 12 12 hours, 11 and a half to 12 books, more than 12 to 3 continuous auctions, but our plan is to reduce the trading hours

to at least the opening of global markets around and around 5 and 6 o'clock, the world markets open, let's extend the trading hours so that the people of ment and the world markets can trade in this market, so that this plan is successful, i will find the currency and increase, in any case, it will be a market for our investors . put in your agenda and act more successfully, the points that are currently being delivered, for example the person who was there should not be honored more, why after the card number and we mentioned well, especially about the quarter coin and the issues that the consumer had about the delivery, we heard that it did not happen here, rather than the issue that we have in the capital market. we don't have either the commodity market or the securities market, the issue of structures

, including the base volume , fluctuates from 200% to 200%, and many other items that may be specifically used in the stock market. by which they can be as big as possible, you are the speedsters remove it gradually or remove it little by little. definitely, this story of the mechanism of the buying queue and the selling queue will be removed gradually, and the issue he mentions is whether you should convert it to this side of the zinc gold market with seven days a week. my question is that does this happen to you for other products that are on the commodity exchange? they are more attractive to many buyers. also , the trading software program, the tools that we have, and in fact, the physical space that they like, do we think we can? let's go to

the great god. do you think it will be the month of the commodity exchange program? the basis of what we are doing with our friends outside of the commodity exchange is to set up a steel fund and a copper fund with the support of commodity deposit certificates and we are also looking for these markets to move forward with this mechanism. kala, which is one of the most important native systems designed by our country's engineers , which allows us to come and do transactions every day of the week without any time limit, is a certificate of deposit transaction system for goods that are outside of gold bars are worth using

they say that the system is not local, and this system is not available due to the problems of tasbih goods, process and speed , which makes it possible for us to continue the trading hours after 3 o'clock or at most after 4 o'clock . on thursdays, we were not able to trade with this system. he should work on his stomach, he should work on gold bars, now it may belong to other commodities in the future, but the steel fund and the copper fund are in the plans of the commodity exchange, which of course we are in this system to install the commodity exchange system, the plan of the tsatmc system, god willing. the near future of the year will reach this year as much as the efforts of this feeling, but good

we are trying, god willing, your efforts will be the result. just another point is that many people can trade now , for example, for buying and selling on the commodity exchange. it takes more than 5 minutes to submit and register, even now almost most of the brokerage companies set up the online code system, the person must go to this site, complete a series of information, and the code will be issued to him, and the email password method. it's enough that they are and every price range how to price the month we will have a single-price auction to start the transactions at 12:00 a.m. after that, there will be continuous auctions , for example, transactions of all coins are being done now

, and other certificates that they have are being done. they call upon the actors of the money market to manage many of the issues that we are currently facing in the country, such as liquidity management and interest rates, which are market activists and many people who are experts and sympathizers of the economy and the markets are the banks a central bank can easily use the capacity of financial bonds and modern financial tools to manage the market, which many medium to advanced stock exchanges have. they make us optimistic that moving towards financial bonds will help to a large extent and increase the liquidity from the economic environment to the capital market and the fluctuation

of decisions and the fluctuation of policies that we see in the annual budget of our country. specifically about this the gold we are talking about is an issue of ownership rights of mines. we are talking about the details in the parliament. it will be recorded about the government's right to the existing mines. this will be an increase for the next year. let me answer, but from that sheet, the cost of property rights will be delivered to me, which in some places is 20%, some of it is 20% in the gold mines, see the financial statements of the council , talking about 50% of the sale, the cost is too much for the finished, too much, the nature can not be done and the capacity in advance

it is expected that the production will be the result of most of this market we are definitely not going to perform miracles in the stock market and ignore all the economic conditions . thank you for the state of the capital market expert mr. jamali . i can't talk, but we still have another 15 tomans for one of the producers that the house can continue. from now on, i will bring you this the foreign exchange market will flourish. hopefully, next year and at the beginning of next year, derivative transactions will be launched, which can provide various investment tools at the disposal of

capital market investors