18K Gold per gram (IRR) Extends Gains, Reaches 30-Day High
18K Gold per gram in Iranian Rial (IRR) closed higher on October 5, 2026, marking its eighth consecutive day of gains. The asset reached its highest closing...
Market Summary
18K Gold per gram in Iranian Rial (IRR) closed higher on October 5, 2026, marking its eighth consecutive day of gains. The asset reached its highest closing price in 30 days, trading near its 52-week high.
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Interactive price chart
Market Analysis
On October 5, 18K Gold per gram opened at 263,281,000 IRR, which also marked its session low. The price advanced throughout the day, reaching a high of 266,180,000 IRR before closing at 265,472,000 IRR. While the session high was marginally below the previous day's high of 266,760,000 IRR, the daily close extended the asset's upward trajectory, now spanning eight consecutive trading sessions. The current closing price represents the highest recorded close in the past 30 days. The asset is trading just 0.48% below its 52-week high, while remaining significantly above its 52-week low. The overall market structure indicates a bullish trend, with the price consistently trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The resistance level is identified at 266,760,000 IRR, which the session high approached but did not surpass.
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Technical Highlights
Momentum indicators reflect strong upward pressure. The 14-period Relative Strength Index (RSI) is at 79.43, indicating that the asset is in overbought territory. Similarly, the Stochastic RSI (K and D lines both at 100) and the Commodity Channel Index (CCI) at 160.96 also suggest strong upward momentum and potentially overextended conditions. The Average Directional Index (ADX) at 51.52 points to a very strong underlying trend, further supported by the Plus Directional Indicator (+DI) being significantly above the Minus Directional Indicator (-DI). The price is also trading at the upper Bollinger Band, reinforcing the strong upward movement within its recent volatility range. Both the Supertrend and Parabolic SAR indicators confirm the prevailing bullish trend.
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Conclusion
18K Gold per gram (IRR) demonstrated robust performance, extending its multi-day rally and achieving a 30-day closing high. While the trend remains strongly bullish across multiple indicators, several momentum oscillators suggest the asset is currently in overbought conditions. 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.