According to the Iranian news agency IRNA, the latest report from the Commodity Exchange of Iran shows that 2,100 kilograms of silver ingots were deposited into the warehouse in a single day, surpassing the previous record of 2,000 kilograms. This increase in trading volume reflects enhanced liquidity in the silver depositary receipt market and increased market confidence in the trading mechanism. The main advantage of this trading instrument is that investors can invest in silver without worrying about transportation, physical storage, and security risks. Furthermore, the Commodity Exchange of Iran's guarantee of the authenticity and quality of the silver ingots is also considered a key factor in increasing the national treasury's commodity reserves. The report states that gold and silver funds must deposit a corresponding number of gold ingots, silver ingots, or gold coins into the warehouses of the Commodity Exchange of Iran based on the number of fund units issued in the capital market.
