18K Gold per gram (IRR) Extends Gains, Reaches 30-Day High
18K Gold per gram (IRR) closed higher on October 1, 2026, marking its fifth consecutive day of gains. The closing price of 256,944,000 IRR represents the hig...
Market Summary
18K Gold per gram (IRR) closed higher on October 1, 2026, marking its fifth consecutive day of gains. The closing price of 256,944,000 IRR represents the highest recorded in the last 30 days and positions the asset within 0.36% of its 52-week high.
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Interactive price chart
Market Analysis
The latest session for 18K Gold per gram saw the price open at 253,587,000 IRR before trading within a range that reached a low of 253,001,000 IRR and a high of 257,872,000 IRR. The instrument ultimately settled at 256,944,000 IRR. This upward movement extends a series of consecutive daily advances to five sessions.
The market structure indicates a bullish trend, with the price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The session's high of 257,872,000 IRR also establishes the current resistance level and the upper boundary of the Donchian Channel. Over the past 30 days, volatility has been measured at approximately 1.52%.
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Technical Highlights
Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) is at 74.99, indicating robust positive momentum and entering overbought territory. Similarly, the Commodity Channel Index (CCI) of 231.43 reinforces this view, well above the +100 threshold for strong upward momentum. The MACD histogram is positive at 624,183, with the MACD line positioned above its signal line, further supporting the current momentum. The Stochastic RSI (K) at 100.0 also points to overbought conditions.
Trend strength is pronounced, as evidenced by the 14-period Average Directional Index (ADX) at 47.34, signifying a strong trend. The Plus Directional Indicator (+DI) at 45.29 significantly outweighs the Minus Directional Indicator (-DI) at 10.95, underscoring the strength of the positive directional movement. Both the Supertrend and Parabolic SAR (PSAR) indicators are aligned with a bullish direction.
The price is currently trading above its upper Bollinger Band, which is set at 253,898,820 IRR, suggesting an extended move beyond typical volatility boundaries.
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Conclusion
18K Gold per gram (IRR) concluded the session with its fifth consecutive daily gain, achieving a 30-day high and approaching its 52-week high. Technical indicators largely confirm a strong bullish trend and significant upward momentum, although some suggest the price may be in an overextended or overbought state. 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.