18K Gold per gram (IRR) Records Third Consecutive Daily Decline
18K Gold per gram in Iranian Rial (IRR) experienced a decline on October 13, 2026, closing lower for the third consecutive trading session. The asset opened...
Market Summary
18K Gold per gram in Iranian Rial (IRR) experienced a decline on October 13, 2026, closing lower for the third consecutive trading session. The asset opened at its daily high, indicating immediate downward pressure throughout the session.
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Interactive price chart
Market Analysis
On October 13, 18K Gold per gram opened at 259,617,000 IRR, which also marked its daily high. The price subsequently fell to a low of 255,725,000 IRR before closing at 257,396,000 IRR. This session's decline extended the asset's losing streak to three consecutive days.
Despite the recent pullback, the overall market structure for 18K Gold per gram remains bullish. The current price of 257,396,000 IRR is positioned above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at approximately 253.45 million IRR, 235.52 million IRR, and 194.62 million IRR, respectively. The asset is currently 4.11% below its 52-week high, while remaining significantly above its 52-week low. Key support is identified at 234,648,000 IRR, with resistance at 268,422,000 IRR.
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Technical Highlights
Several technical indicators offer insights into the current market dynamics. The 14-period Relative Strength Index (RSI) is at 60.21, suggesting that momentum remains positive, though not in overbought territory. The Average Directional Index (ADX) stands at 50.23, indicating a strong underlying trend is in place.
However, short-term momentum indicators show signs of weakening. The Moving Average Convergence Divergence (MACD) line is currently below its signal line, and the MACD histogram is negative, suggesting a potential bearish shift in short-term momentum. Furthermore, the Aroon Oscillator is at -75.0, with Aroon Down at 100.0 and Aroon Up at 25.0, which points to a recently established or strengthening short-term downtrend, contrasting with the longer-term bullish trend indicated by moving averages and ADX.
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Conclusion
18K Gold per gram (IRR) has experienced three consecutive days of declines, with the latest session opening at its high and closing lower. While the overall trend remains bullish, supported by the price holding above key moving averages and a strong ADX reading, short-term momentum indicators like MACD and Aroon suggest a recent weakening of upward momentum or the emergence of a short-term downtrend. 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.