18K Gold per gram (IRR) Posts Daily Gain, Maintains Bullish Trend

Market Summary

18K Gold per gram in Iranian Rial (IRR) concluded the trading session on August 3, 2026, with a daily gain, closing at 183,824,000 IRR. This marked a reversal from the previous day's decline. The precious metal opened at 183,284,000 IRR, traded within a range of 182,822,000 IRR to 184,923,000 IRR, and finished the session above its opening price.

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Market Analysis

The latest session saw 18K Gold per gram record a modest increase, closing 0.28% higher than its open. This follows a period of fluctuation, with the price reaching a high of 191,456,000 IRR on July 18 before experiencing a retracement. Despite recent pullbacks, the overall market structure for 18K Gold per gram is identified as bullish. The current price trades significantly above its 50-day Simple Moving Average of approximately 176.67 million IRR and its 200-day Simple Moving Average of about 174.97 million IRR, indicating a sustained upward trend over the medium and long term. However, the price closed slightly below its 20-day Simple Moving Average of 183.90 million IRR.

The asset's 30-day volatility stands at 1.93%, with an Average True Range (ATR) of approximately 4.17 million IRR, reflecting the average daily price movement. Key levels of interest are identified with support at 174,743,000 IRR and resistance at 191,456,000 IRR.

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Technical Highlights

Technical indicators present a mixed picture for short-term momentum within the broader bullish trend.

• Trend Confirmation: Both the Supertrend and Parabolic SAR (PSAR) indicators signal a bullish direction, with the price trading above these levels (Supertrend at 176,664,241 IRR and PSAR at 179,154,246 IRR).
• Momentum: The 14-period Relative Strength Index (RSI) is at 52.47, indicating moderately positive momentum, though not in overbought territory. The Moving Average Convergence Divergence (MACD) shows a positive value of 2,189,649 IRR, but its histogram is negative, suggesting that the MACD line has crossed below its signal line, potentially indicating a short-term weakening of upward momentum.
• Trend Strength: The Average Directional Index (ADX) is at 19.84, which is below the threshold typically associated with a strong trend, suggesting the market lacks a clear directional bias in the immediate term.
• Recent Price Action: Aroon indicators show Aroon Down at 83.33 and Aroon Up at 58.33. This suggests that new lows have been observed more recently than new highs over the look-back period, pointing to a recent retracement within the broader bullish trend.

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Conclusion

18K Gold per gram (IRR) registered a daily gain on August 3, recovering from the previous session's loss. The asset maintains a bullish trend based on its position relative to longer-term moving averages and confirmed by trend-following indicators like Supertrend and PSAR. However, short-term momentum indicators, such as the MACD histogram and Aroon, suggest a recent weakening or retracement within this broader upward trajectory. The available market data alone do not indicate the underlying cause of the observed price movement.

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Track the latest 18K Gold per gram (IRR) session on Iran Market Data.