18K Gold per gram (IRR) Reaches New 30-Day High Amid Bullish Momentum
18K Gold per gram (IRR) advanced during the session on September 28, 2026, opening at 239,030,000 IRR and closing higher at 244,012,000 IRR. The asset record...
Market Summary
18K Gold per gram (IRR) advanced during the session on September 28, 2026, opening at 239,030,000 IRR and closing higher at 244,012,000 IRR. The asset recorded a session high of 245,868,000 IRR and a low matching its opening price at 239,030,000 IRR, marking its second consecutive up day and establishing the highest close over a 30-day period.
Interactive price chart
Market Analysis
The price action for 18K Gold per gram (IRR) reflects a firmly bullish market structure, supported by consecutive gains following recent consolidation sessions. The session high approached the upper boundary of the observed range, while the session low coincided exactly with the opening price, indicating an absence of early selling pressure below the open.
Price positioning remains elevated relative to key moving averages, with quotes tracking above the 20-day, 50-day, and 200-day simple moving averages.
Technical Highlights
- Relative Strength Index (RSI): The 14-day RSI stands at 66.17, indicating that momentum remains moderately positive without entering overbought territory.
- Directional Movement Index (ADX): The ADX registers at 44.37, accompanied by a plus-DI of 39.71 and a minus-DI of 14.41, pointing to a well-established trend direction.
- Bollinger Bands: The asset trades near the upper Bollinger Band of 244,925,019 IRR, with the middle band positioned at 237,517,300 IRR, reflecting expansion toward the upper limits of recent volatility.
- Commodity Channel Index (CCI): The 20-period CCI reads 122.86, signifying positive cyclical strength above neutral levels.
- Parabolic SAR: The PSAR indicator maintains a bullish direction at 232,899,626 IRR, positioned below the current market price.
Conclusion
18K Gold per gram (IRR) demonstrates a bullish market structure supported by consecutive gains, a 30-day closing high, and positioning above primary moving averages and technical trend metrics. 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.