18K Gold per gram (IRR) Records Fifth Consecutive Daily Decline

Market Summary

18K Gold per gram in Iranian Rial (IRR) concluded the trading session on September 15, 2026, with a slight decline, marking its fifth consecutive day of losses. The asset opened at IRR 232,829,000 and closed at IRR 232,591,000, representing a marginal decrease for the day. During the session, the price traded within a range from a high of IRR 233,402,000 to a low of IRR 231,070,000.

Market Analysis

The recent trading activity for 18K Gold per gram shows a notable shift, with the asset experiencing five consecutive days of closing lower. This follows a period of strong upward movement that saw prices reach a recent peak of IRR 243,425,000 on September 9. Despite this recent pullback, the overall market structure remains classified as bullish. The current price of IRR 232,591,000 continues to trade above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at IRR 228,813,300, IRR 204,417,220, and IRR 188,285,294, respectively.

The asset is currently approximately 4.55% below its 52-week high, while remaining significantly above its 52-week low by about 66.85%. Identified support for the asset is at IRR 210,356,000, with resistance noted at IRR 243,672,000. The 30-day volatility stands at approximately 1.76%.

Technical Highlights

Several technical indicators offer insights into the current market dynamics for 18K Gold per gram.

• Moving Averages: The price remains above its key Simple Moving Averages (20-day, 50-day, and 200-day), reinforcing the prevailing bullish trend identified in the market structure.
• Relative Strength Index (RSI): With a 14-period RSI at 63.42, momentum remains moderately positive, indicating that the asset is not yet in overbought territory despite its earlier rally.
• Average Directional Index (ADX): The ADX, at 50.05, suggests a strong underlying trend strength, supporting the overall bullish classification.
• Moving Average Convergence Divergence (MACD): The MACD line is currently below its signal line, and the MACD histogram is negative at -1,094,705 IRR. This indicates a bearish crossover, signaling a potential weakening of bullish momentum.
• Aroon Oscillator: The Aroon Down indicator is at 100.0, while Aroon Up is at 16.67, resulting in an Aroon Oscillator reading of -83.33. This configuration suggests that a strong downtrend may be emerging, contrasting with the broader bullish trend indicated by other metrics.

Conclusion

18K Gold per gram (IRR) has experienced five consecutive days of decline, following a strong rally to a recent high. While the overall market structure remains bullish with the price above key moving averages, several momentum and trend indicators, including the MACD and Aroon Oscillator, suggest a weakening of bullish momentum and the potential emergence of a downtrend. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

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