18K Gold per gram (IRR) Closes Higher, Maintaining Bullish Market Structure

Market Summary

18K Gold per gram (IRR) closed higher on August 5, 2026, marking its second consecutive day of gains. The asset opened the session at its low and concluded near its daily high, reflecting upward price movement throughout the trading period.

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Market Analysis

The price of 18K Gold per gram settled at 185,616,000 IRR on August 5, an increase from its opening price of 183,815,000 IRR. The session's high reached 186,008,000 IRR, while the low matched the opening price. This upward movement contributed to two consecutive days of gains for the asset.

The market structure for 18K Gold per gram remains bullish, with the current price trading above its 20-day, 50-day, and 200-day Simple Moving Averages (SMAs). Specifically, the closing price is above the 20-day SMA of 184,353,050 IRR, the 50-day SMA of 176,733,796 IRR, and the 200-day SMA of 175,295,739 IRR. The asset is positioned closer to its 52-week high, being 17.11% away, compared to its 52-week low, from which it is 81.06% distant. The 30-day volatility stands at 1.84%.

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Technical Highlights

Several technical indicators provide further insight into the current market conditions for 18K Gold per gram:

• Moving Averages: The price's position above its 20-day, 50-day, and 200-day SMAs reinforces the prevailing bullish trend.
• Relative Strength Index (RSI): With a 14-period RSI of 54.63, momentum is moderately positive, suggesting the asset is not in overbought territory.
• MACD: The Moving Average Convergence Divergence (MACD) shows its line below the signal line, and the MACD histogram is negative at -328,477 IRR. This indicates a recent weakening in upward momentum despite the day's price increase.
• Supertrend: The Supertrend indicator points to an upward trend, with the price comfortably above the Supertrend level of 176,664,241 IRR. The Parabolic SAR (PSAR) also confirms an upward trend.
• Aroon Oscillator: The Aroon Oscillator is at -25, with Aroon Down (87.5) significantly higher than Aroon Up (62.5). This suggests that over the lookback period, the strength of downtrends has been more pronounced than that of uptrends, presenting a nuanced view of the underlying trend dynamics.

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Conclusion

18K Gold per gram (IRR) recorded a second consecutive day of gains on August 5, closing near its daily high and maintaining a bullish market structure with prices above key moving averages. While momentum indicators like the RSI remain moderately positive, the MACD and Aroon Oscillator suggest some underlying deceleration in upward momentum and a historical bias towards downtrend strength over the specified period. The available market data alone do not indicate the underlying cause of the observed price movement.

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