18K Gold per gram (IRR) Records Daily Gain, Bullish Trend Holds
18K Gold per gram in Iranian Rial (IRR) concluded the trading session on September 16, 2026, with a gain, breaking a two-day decline. The price opened at its...
Market Summary
18K Gold per gram in Iranian Rial (IRR) concluded the trading session on September 16, 2026, with a gain, breaking a two-day decline. The price opened at its daily low and advanced through the session.
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Interactive price chart
Market Analysis
On September 16, 2026, 18K Gold per gram opened at 232,578,000 IRR, which also marked its session low. The price subsequently rose, reaching a high of 236,634,000 IRR before closing at 235,013,000 IRR. This daily close represents an increase from the previous session's close of 232,591,000 IRR on September 15. The latest session's high was below the identified resistance level of 243,672,000 IRR, while the low remained well above the identified support at 211,688,000 IRR. The instrument's 30-day volatility stands at approximately 1.75%.
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Technical Highlights
The overall market structure indicates a bullish trend for 18K Gold per gram. The current price trades above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the upward trajectory. Momentum remains moderately positive, with the 14-period Relative Strength Index (RSI) at 65.57, positioned above its neutral 50 level. The Average Directional Index (ADX) at 48.89 points to a strong trend, with the Plus Directional Indicator (+DI) significantly above the Minus Directional Indicator (-DI), affirming the strength of the bullish direction. The Supertrend indicator also confirms an upward trend, with the price trading above its current level. Conversely, the Moving Average Convergence Divergence (MACD) shows its line below the signal line, with a negative histogram, indicating a recent deceleration in bullish momentum.
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Conclusion
18K Gold per gram (IRR) registered a daily gain on September 16, 2026, following two consecutive sessions of declines. The instrument maintains a bullish trend, supported by its position above key moving averages and a strong ADX reading. However, the MACD suggests a recent easing of upward momentum. 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.