Emami Gold Coin (IRR) Records Sixth Consecutive Daily Gain, Reaches 30-Day High

Market Summary

Emami Gold Coin (IRR) extended its upward trajectory on October 3, 2026, closing at 2,698,700,000 IRR. The asset registered a daily gain of 3.64% and marked its sixth consecutive day of advances, reaching its highest closing price in the last 30 days.

Market Analysis

The Emami Gold Coin (IRR) opened the session at 2,655,650,000 IRR, trading within a wide range before closing higher. The price reached an intraday high of 2,737,000,000 IRR and a low of 2,652,300,000 IRR. The closing price of 2,698,700,000 IRR represents a notable increase from the previous session's close of 2,603,950,000 IRR. This latest session's high also established a new 30-day high for the asset, which is currently trading approximately 1.4% below its 52-week high. The market structure indicates a bullish trend, with the price positioned significantly above its 20-day, 50-day, and 200-day Simple Moving Averages. Volatility over the past 30 days stands at 1.67%. The current resistance level is identified at 2,737,000,000 IRR, while support is observed at 2,309,800,000 IRR.

Technical Highlights

Several technical indicators underscore the strong upward momentum. The Emami Gold Coin (IRR) is trading above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the prevailing bullish trend. The 14-period Relative Strength Index (RSI) is at 80.64, indicating that the asset is in overbought territory. Price action also shows the coin trading above the upper band of its Bollinger Bands, suggesting strong upward pressure that may be extended. The Average Directional Index (ADX) at 38.38 points to a strong trend, with the Plus Directional Indicator (+DI) at 69.66 significantly above the Minus Directional Indicator (-DI) at 16.18, confirming the strength of the uptrend. Furthermore, the Moving Average Convergence Divergence (MACD) shows its line above the signal line, with a positive histogram, signaling continued positive momentum.

Conclusion

Emami Gold Coin (IRR) demonstrated robust performance, extending its gains for a sixth consecutive session and reaching a 30-day closing high. The market exhibits a strong bullish trend, supported by price action above key moving averages and strong directional indicators. However, momentum indicators such as the RSI and Bollinger Bands suggest the asset is currently in 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.