18K Gold per gram (IRR) Records Strong Daily Gain, Bullish Trend Persists

Market Summary

On September 8, 2026, the price of 18K Gold per gram in Iranian Rial (IRR) registered a notable advance, closing at 236,234,000 IRR. This daily gain followed two consecutive sessions of decline, marking a rebound in the asset's valuation. The session opened at its low of 230,613,000 IRR and traded up to a high of 237,324,000 IRR, with the closing price near the day's peak.

Market Analysis

The 18K Gold per gram (IRR) saw a significant upward movement during the latest trading session. The closing price of 236,234,000 IRR represents an increase of approximately 2.4% from the previous day's close of 230,622,000 IRR. This performance broke a two-day streak of losses, which had seen the price fall from 236,744,000 IRR on September 5 to 230,622,000 IRR on September 7.

The broader market structure for 18K Gold per gram remains bullish. The current price trades above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the prevailing upward trend. The asset is also trading close to its 52-week high, being less than 1% away, while remaining significantly above its 52-week low. The session's high of 237,324,000 IRR approached the identified resistance level of 238,480,000 IRR.

Technical Highlights

Several technical indicators underscore the current market dynamics for 18K Gold per gram.

Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) stands at 77.84, indicating robust momentum, though it also suggests potentially overbought conditions. Similarly, the MACD histogram is positive at 1,107,485, with the MACD line above its signal line, confirming bullish momentum.

Trend strength is evident, with the Average Directional Index (ADX) at 52.78, signaling a strong trend. The Plus Directional Indicator (+DI) at 46.04 significantly outweighs the Minus Directional Indicator (-DI) at 12.11, further confirming the strength of the upward directional movement.

The price action above key moving averages (SMA20 at 216.69 million IRR, SMA50 at 198.23 million IRR, and SMA200 at 186.95 million IRR) aligns with the bullish trend indicated by the Supertrend and Parabolic SAR, both showing positive direction.

However, the Aroon Oscillator, at -91.67, with Aroon Down at 100 and Aroon Up at 8.33, reflects a recent short-term low. This specific observation contrasts with the broader bullish trend and may be attributed to the recent two-day price pullback before today's rebound.

Conclusion

18K Gold per gram (IRR) experienced a strong rebound on September 8, 2026, breaking a two-day decline and closing significantly higher. The overall market structure remains bullish, supported by the price trading above key moving averages and strong trend indicators like ADX. Momentum indicators, including RSI and MACD, also point to continued upward pressure, with RSI suggesting potentially overbought conditions. While the Aroon Oscillator indicates a recent short-term low, the broader technical picture reinforces the prevailing bullish trend. 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.