Emami Gold Coin Reaches 30-Day High Amid Sustained Bullish Trend
On September 5, 2026, the Emami Gold Coin closed at 2,374,950,000 Iranian Rial (IRR), marking a gain from its opening price of 2,350,050,000 IRR. The session...
Market Summary
On September 5, 2026, the Emami Gold Coin closed at 2,374,950,000 Iranian Rial (IRR), marking a gain from its opening price of 2,350,050,000 IRR. The session saw the coin reach a high of 2,375,100,000 IRR, which also represents its highest close in 30 days and is notably close to its 52-week high. This marks the third consecutive day of gains for the Emami Gold Coin.
Interactive price chart
Market Analysis
The Emami Gold Coin is currently in a bullish trend, with its price trading above the 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the positive market structure. The coin's closing price on September 5 is the highest recorded in the past 30 days, and its session high of 2,375,100,000 IRR is within 0.0063% of its 52-week high. This level also aligns with the Donchian Upper Channel, indicating the price is at the top of its recent trading range. Over the past month, the coin has demonstrated substantial appreciation, trading more than 72% above its 52-week low. The daily trading range for the session was approximately 25.3 million IRR, with the price maintaining its upward momentum throughout the day.
Technical Highlights
Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) stands at 83.24, indicating that the asset is in overbought territory. The Average Directional Index (ADX) at 40.35 points to a strong trend, with the Plus Directional Indicator (+DI) significantly higher at 63.10 compared to the Minus Directional Indicator (-DI) at 14.59, underscoring the strength of the bullish movement. The Moving Average Convergence Divergence (MACD) is positive at 115.27 million IRR and remains above its signal line, with a positive and expanding histogram of 23.09 million IRR, confirming the ongoing bullish momentum. Furthermore, both the Supertrend and Parabolic SAR (PSAR) indicators are signaling a bullish direction, with the price trading comfortably above their respective levels. The Commodity Channel Index (CCI) at 127.04 also supports the strong upward momentum.
Conclusion
The Emami Gold Coin concluded the September 5 session with a notable gain, achieving a 30-day highest close and nearing its 52-week high. The market structure and key technical indicators consistently point to a strong bullish trend and sustained upward momentum. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest Emami Gold Coin (IRR) session on Iran Market Data.