18K Gold per gram (IRR) Extends Gains, Reaching New 30-Day High

Market Summary

18K Gold per gram in Iranian Rial (IRR) recorded a notable advance on August 23, 2026, closing at 217,464,000 IRR. This marks the sixth consecutive day of gains for the asset, with the closing price representing a new 30-day high. The session saw the price open at its low of 210,356,000 IRR before climbing to an intraday high of 221,626,000 IRR.

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Market Analysis

The latest trading session for 18K Gold per gram (IRR) demonstrated strong upward momentum. The price opened at 210,356,000 IRR, which also served as the session's low, indicating immediate buying interest. It subsequently rose to a high of 221,626,000 IRR before settling at 217,464,000 IRR. This closing price is the highest recorded in the last 30 days.

The asset has been in a sustained upward trend, evidenced by six consecutive days of higher closes. The current price is positioned 2.89% below its 52-week high, while remaining significantly above its 52-week low by 78.04%. The overall market structure is identified as bullish, with the price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. Key levels to observe include the resistance at 221,626,000 IRR and support at 182,130,000 IRR.

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Technical Highlights

Technical indicators largely reinforce the current bullish sentiment, though some suggest extended conditions.

• Relative Strength Index (RSI): The 14-period RSI stands at 84.77, indicating that the asset is in overbought territory.
• Moving Average Convergence Divergence (MACD): The MACD line is positive and positioned above its signal line, with a positive histogram, signaling ongoing bullish momentum.
• Moving Averages: The price is trading above its 20-day, 50-day, and 200-day Simple Moving Averages, confirming a robust upward trend across multiple timeframes.
• Average Directional Index (ADX): The ADX is at 36.13, suggesting a strong trend is in place. The Plus Directional Indicator (+DI) at 57.83 is significantly higher than the Minus Directional Indicator (-DI) at 6.96, reinforcing the strength of the bullish direction.
• Bollinger Bands and Commodity Channel Index (CCI): The price has moved above the upper Bollinger Band, while the CCI is at 306.45. Both indicators suggest that the price is currently extended to the upside and may be in an overbought state.

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Conclusion

18K Gold per gram (IRR) has demonstrated strong bullish momentum, marked by six consecutive daily gains and a new 30-day highest close. The price is trading firmly above key moving averages, and trend indicators like ADX confirm the strength of the upward movement. However, the RSI and CCI suggest that 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 18K Gold per gram (IRR) session on Iran Market Data.