18K Gold per gram (IRR) Reaches 30-Day High Amid Strong Bullish Trend
On September 3, 2026, 18K Gold per gram (IRR) closed higher, marking its second consecutive day of gains. The instrument recorded a closing price of 235,188,...
Market Summary
On September 3, 2026, 18K Gold per gram (IRR) closed higher, marking its second consecutive day of gains. The instrument recorded a closing price of 235,188,000 IRR, which represents its highest close in the past 30 days.
Interactive price chart
Market Analysis
The latest trading session for 18K Gold per gram (IRR) saw the price open at its daily low of 228,348,000 IRR before advancing to a high of 235,710,000 IRR. The closing price of 235,188,000 IRR was near the session's high, indicating strong intraday upward movement. This daily high also established a new resistance level for the instrument.
The overall market structure for 18K Gold per gram (IRR) is explicitly bullish. The price is trading above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at 207,784,800 IRR, 193,549,680 IRR, and 186,007,994 IRR, respectively. This positioning reinforces the prevailing upward trend. Furthermore, the instrument is trading very close to its 52-week high, with a distance of only 0.22%.
Technical Highlights
Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) is at 86.74, indicating that the instrument is in overbought territory, reflecting robust buying interest. The Average Directional Index (ADX) is at 50.00, signaling a very strong trend, supported by a Plus Directional Indicator (+DI) of 51.30 and a Minus Directional Indicator (-DI) of 8.03, which confirms the strength of the positive directional movement.
The Moving Average Convergence Divergence (MACD) shows a bullish configuration, with the MACD line above its signal line and a positive histogram of 2,078,211, further confirming the upward momentum. Price action is also observed near the upper Bollinger Band, which is at 237,667,041 IRR, suggesting continued upward pressure. Both the Parabolic SAR (PSAR) at 220,030,400 IRR and the Supertrend indicator at 215,766,291 IRR are positioned below the current price, reinforcing the bullish trend direction.
Conclusion
18K Gold per gram (IRR) demonstrated significant upward momentum, closing at a 30-day high and extending its consecutive gains. The prevailing bullish trend is supported by the price trading above key moving averages and confirmed by multiple technical indicators. 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.