Emami Gold Coin (IRR) Posts Gain, Halting Recent Decline

Market Summary

The Emami Gold Coin (IRR) closed higher on November 11, 2026, ending a recent period of downward price movement. The instrument settled at 2,543,650,000 IRR, marking a recovery from the previous session's close.

Market Analysis

Today's trading session for the Emami Gold Coin saw an open at 2,530,400,000 IRR, with prices fluctuating between a high of 2,559,000,000 IRR and a low of 2,525,400,000 IRR. The closing price of 2,543,650,000 IRR represents a gain for the day, following a decline in the prior session.

The overall market trend for the Emami Gold Coin is currently assessed as Neutral. The instrument's price is trading below both its 20-day and 50-day Simple Moving Averages, which stand at approximately 2.63 billion IRR and 2.58 billion IRR respectively. This indicates short-to-medium term weakness. However, the price remains significantly above its 200-day Simple Moving Average of around 2.07 billion IRR, suggesting a longer-term bullish stance.

The Emami Gold Coin is approximately 8.1% below its 52-week high, while maintaining a substantial distance of over 62% from its 52-week low. Key levels to observe include support at 2,516,500,000 IRR and resistance at 2,756,200,000 IRR.

Technical Highlights

Momentum indicators suggest a bearish bias, with the 14-period Relative Strength Index (RSI) at 42.77, remaining below its neutral 50 level. The Moving Average Convergence Divergence (MACD) histogram is negative at approximately -19.3 million IRR, reinforcing the bearish momentum.

Despite the bearish momentum, the Commodity Channel Index (CCI) at -150.40 and Williams %R (WillR) at -84.39 are both in levels typically associated with oversold conditions.

The Average Directional Index (ADX) is at 20.57, indicating a weak overall trend. Within this context, the Minus Directional Indicator (-DI) at 40.77 is notably higher than the Plus Directional Indicator (+DI) at 21.78, suggesting that the bearish component of the trend is more dominant, albeit within a weak overall trend.

Conclusion

The Emami Gold Coin recorded a daily gain, interrupting recent downward price action. While the overall trend is neutral, the price is currently below its short and medium-term moving averages, yet above its long-term average. Technical indicators point to prevailing bearish momentum, with some suggesting potential oversold 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.