18K Gold per gram (IRR) Extends Gains, Reaching New 30-Day High
18K Gold per gram in Iranian Rial (IRR) closed higher on October 6, 2026, marking its ninth consecutive day of gains. The asset opened at 265,488,000 IRR and...
Market Summary
18K Gold per gram in Iranian Rial (IRR) closed higher on October 6, 2026, marking its ninth consecutive day of gains. The asset opened at 265,488,000 IRR and reached an intraday high of 268,422,000 IRR before settling at 267,383,000 IRR. This closing price represents the highest close observed in the last 30 days.
Interactive price chart
Market Analysis
The latest session for 18K Gold per gram saw a continuation of its upward trajectory. The asset opened at 265,488,000 IRR, matching its intraday low, and subsequently advanced to close at 267,383,000 IRR. The session's high of 268,422,000 IRR now stands as the immediate resistance level. This daily performance extends a notable period of appreciation, with the asset recording nine consecutive days of gains.
The broader market structure indicates a strong bullish trend. The current price trades above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the sustained upward movement across different timeframes. Furthermore, 18K Gold per gram is trading within 0.39% of its 52-week high, highlighting its proximity to a significant price level. The 30-day volatility stands at approximately 1.53%.
Technical Highlights
Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) is at 80.36, indicating that the asset is in overbought territory. The Moving Average Convergence Divergence (MACD) also supports bullish momentum, with the MACD line positioned above its signal line and a positive histogram value of 1,592,853.
Trend strength is robust, as evidenced by the Average Directional Index (ADX) at 52.88, which signifies a very strong trend. The Plus Directional Indicator (+DI) at 48.23 is notably higher than the Minus Directional Indicator (-DI) at 8.35, confirming the prevailing bullish direction.
The price action relative to Bollinger Bands shows the asset trading near its upper band of 268,625,746 IRR, which typically suggests strong upward movement and potentially expanding volatility. The Supertrend indicator also signals a bullish direction, with its current level at 252,229,510 IRR.
Conclusion
18K Gold per gram (IRR) concluded the session on October 6, 2026, with a gain, extending its consecutive daily advances to nine sessions and achieving a new 30-day closing high. The market structure remains firmly bullish, with the price trading above key moving averages and approaching its 52-week high. Technical indicators, including the RSI, MACD, and ADX, collectively point to strong upward momentum and a robust trend. 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.