18K Gold per gram (IRR) Registers Daily Loss Amidst Bullish Trend

Market Summary

On September 17, 2026, the 18K Gold per gram in Iranian Rial (IRR) closed lower, marking a daily decline after the previous session's gain. The asset opened at its session high of 234,995,000 IRR, subsequently trading down to a low of 232,109,000 IRR before settling at 233,630,000 IRR.

Market Analysis

18K Gold per gram experienced a pullback during the latest session, closing approximately 0.59% lower than the previous day's close. The session's high of 234,995,000 IRR was below the prior day's high of 236,634,000 IRR, and the session's low of 232,109,000 IRR was also lower than the previous day's low of 232,578,000 IRR. This marks the first consecutive down day after a period of gains. Despite this daily decline, the overall market structure for 18K Gold per gram remains bullish. The price continues to trade above its 20-day, 50-day, and 200-day Simple Moving Averages, indicating a sustained upward trajectory. The asset is also positioned relatively close to its 52-week high, approximately 4.12% below this peak, while remaining significantly above its 52-week low.

Technical Highlights

The technical landscape for 18K Gold per gram presents a nuanced view. The 20-day SMA (230,361,150 IRR) is above the 50-day SMA (206,464,180 IRR), which in turn is above the 200-day SMA (188,740,369 IRR), confirming a bullish alignment of key moving averages. Momentum, as indicated by the 14-period Relative Strength Index (RSI), remains positive at 63.28, staying above its neutral 50 level. The Average Directional Index (ADX) at 47.70 suggests a strong trend is present, with the Plus Directional Indicator (39.05) notably higher than the Minus Directional Indicator (20.02), reinforcing the strength of the upward trend. However, the Moving Average Convergence Divergence (MACD) shows a recent weakening of positive momentum, with the MACD line below its signal line and a negative histogram. Furthermore, the Aroon indicator, with Aroon Down at 100.0 and Aroon Up at 25.0, suggests a recent strong downward trend, which contrasts with the longer-term bullish signals. The Parabolic SAR (PSAR) also indicates a bearish reversal, with the price now below the PSAR value.

Conclusion

18K Gold per gram experienced a daily loss on September 17, 2026, with the price closing lower than its open and the previous session. While the overall market structure and key moving averages continue to signal a bullish trend, some short-term technical indicators suggest a recent weakening of upward momentum and a potential shift in the immediate trend. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

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