18K Gold per gram (IRR) Reaches New 30-Day High Amidst Sustained Bullish Trend
On August 19, 2026, 18K Gold per gram in Iranian Rial (IRR) recorded a notable gain, closing higher for the third consecutive session. The price reached its...
Market Summary
On August 19, 2026, 18K Gold per gram in Iranian Rial (IRR) recorded a notable gain, closing higher for the third consecutive session. The price reached its highest close in 30 days, trading within a wide daily range.
--------------------------------------------------
Interactive price chart
Market Analysis
18K Gold per gram opened the session at IRR 193,042,000 and concluded at IRR 197,594,000, marking an increase of IRR 4,552,000. During the day, the price fluctuated between a low of IRR 192,795,000 and a high of IRR 198,243,000, with the session's high establishing the current resistance level. This marks the third consecutive day of advances for the asset, and the closing price represents the highest recorded close over the past 30 days.
The overall market structure indicates a bullish trend, with the current price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The asset is currently 11.76% below its 52-week high and 65.13% above its 52-week low, suggesting considerable room from its annual low.
--------------------------------------------------
Technical Highlights
Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) stands at 70.92, indicating that the asset is in overbought territory. The Moving Average Convergence Divergence (MACD) shows a positive signal, with the MACD line above its signal line and a positive histogram, reinforcing the bullish momentum.
Furthermore, the price is trading above the upper Bollinger Band, which typically suggests a strong upward move or that the price may be extended. The Average Directional Index (ADX) at 27.93 indicates a strong trend, with the Plus Directional Indicator (+DI) significantly above the Minus Directional Indicator (-DI), confirming the strength of the prevailing uptrend. The Supertrend indicator also maintains a bullish signal, with the price well above its calculated line.
--------------------------------------------------
Conclusion
18K Gold per gram (IRR) concluded the August 19 session with a significant gain, extending its consecutive daily advances to three and achieving a new 30-day closing high. The market structure remains bullish, supported by various technical indicators pointing to strong upward momentum and trend strength. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest 18K Gold per gram (IRR) session on Iran Market Data.