18K Gold per gram (IRR) Extends Gains as Bullish Trend Persists
The 18K Gold per gram (IRR) closed at 264,961,000 IRR on October 10, 2026, marking a gain for the session. The asset opened at 263,068,000 IRR, which also re...
Market Summary
The 18K Gold per gram (IRR) closed at 264,961,000 IRR on October 10, 2026, marking a gain for the session. The asset opened at 263,068,000 IRR, which also represented its daily low, before reaching a high of 266,229,000 IRR.
Interactive price chart
Market Analysis
18K Gold per gram (IRR) continued its upward trajectory, closing higher for the second consecutive session. The latest close of 264,961,000 IRR represents a gain from its opening price of 263,068,000 IRR. The asset traded within a range of approximately 3,161,000 IRR during the session, from its low of 263,068,000 IRR to its high of 266,229,000 IRR.
The broader market structure indicates a bullish trend, with the current price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The asset is trading approximately 1.29% below its 52-week high, while being significantly distant from its 52-week low, approximately 70.81% above it. Identified resistance stands at 268,422,000 IRR, with support at 232,109,000 IRR.
Technical Highlights
Momentum indicators suggest strong upward pressure. The 14-period Relative Strength Index (RSI) is at 73.48, indicating that the asset is in overbought territory, which often signals robust buying interest. The Moving Average Convergence Divergence (MACD) shows a bullish configuration, with the MACD line above its signal line and the histogram in positive territory, reinforcing the current upward momentum.
Furthermore, the Average Directional Index (ADX) at 53.06 points to a strong underlying trend. The price consistently trading above its 20-day, 50-day, and 200-day Simple Moving Averages further confirms the established bullish trend across different timeframes. The Supertrend indicator also maintains a bullish signal, with the price remaining above its current Supertrend line at 252,229,510 IRR.
Conclusion
18K Gold per gram (IRR) recorded a second consecutive daily gain, reinforcing its established bullish trend. Key technical indicators, including the RSI, MACD, ADX, and moving averages, largely support the current upward momentum, although the RSI suggests the asset is 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.