Emami Gold Coin (IRR) Extends Gains, Reaching New 30-Day High

Market Summary

Emami Gold Coin (IRR) closed higher on October 1, 2026, marking its fifth consecutive daily gain. The asset reached 2,603,950,000 IRR, establishing a new highest close for the past 30 days.

Market Analysis

The Emami Gold Coin opened the session at 2,589,850,000 IRR before trading within a range that saw it touch a low of 2,589,800,000 IRR and a high of 2,608,100,000 IRR. It ultimately settled at 2,603,950,000 IRR, reflecting a positive close for the day. This latest advance extends a series of five consecutive daily gains. The current closing price is approximately 0.62% away from its 52-week high, while remaining significantly above its 52-week low. The overall market structure indicates a bullish trend, with the price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The asset is currently approaching a resistance level at 2,620,100,000 IRR.

Technical Highlights

Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) is at 76.54, indicating that the asset is in overbought territory. The Moving Average Convergence Divergence (MACD) shows a positive value with its histogram also positive and increasing, reinforcing bullish momentum. The Average Directional Index (ADX) at 36.54 points to a strong underlying trend. Furthermore, the price trading above the upper Bollinger Band suggests an extended move. The Supertrend and Parabolic SAR indicators both confirm the prevailing bullish trend.

Conclusion

Emami Gold Coin (IRR) concluded the session with a fifth consecutive daily gain, achieving a new 30-day highest close and nearing its 52-week high. While the trend remains bullish, several momentum oscillators indicate potentially overbought conditions. 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.