18K Gold per gram (IRR) Posts Daily Gain Amidst Broader Bullish Trend

Market Summary

18K Gold per gram in Iranian Rial (IRR) recorded a daily gain on October 14, 2026, closing at 260.39 million IRR. The asset opened the session at its low of 257.39 million IRR before advancing to a high of 261.57 million IRR. This marks the first consecutive day of gains, following a closing price of 257.40 million IRR in the previous session.

Market Analysis

The latest session for 18K Gold per gram saw a notable recovery, with the price increasing by approximately 2.99 million IRR, or 1.16%, from the previous day's close. The asset opened at its lowest point for the day, indicating upward momentum throughout the session.

Despite recent fluctuations, the overall market structure for 18K Gold per gram remains bullish. The current price trades above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at 254.62 million IRR, 236.92 million IRR, and 194.91 million IRR, respectively. This positioning reinforces the prevailing upward trend.

Looking at recent price action, the period from October 6 to October 13 saw a series of lower highs and lower lows, suggesting a short-term pullback or consolidation. However, the October 14 session broke this pattern by registering a higher low and a higher high compared to the previous day. The asset is currently trading within 3% of its 52-week high, while being significantly above its 52-week low. The 30-day volatility stands at 1.31%. Key resistance is identified at 268.42 million IRR, with support at 234.65 million IRR.

Technical Highlights

Momentum remains positive, with the 14-day Relative Strength Index (RSI) at 63.25, positioned above its neutral 50 level. The Average Directional Index (ADX) at 48.75 indicates a strong trend, further supported by the Plus Directional Indicator (+DI) at 37.88 being notably above the Minus Directional Indicator (-DI) at 20.58, reinforcing a bullish directional bias. The Supertrend indicator, currently at 252.23 million IRR, also maintains an upward direction, with the price trading above it.

However, some indicators suggest a recent shift in short-term dynamics. The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line (7,729,025) below its signal line (8,899,559), and a negative histogram, indicating a recent weakening in short-term momentum. Additionally, the Aroon Oscillator at -66.67, driven by a high Aroon Down (95.83) compared to Aroon Up (29.17), suggests that recent price action has seen more new lows than new highs over the lookback period, indicating a short-term consolidation or pullback within the broader trend.

Conclusion

18K Gold per gram (IRR) posted a positive daily performance, recovering from recent declines and closing higher. The asset maintains a bullish trend, supported by its position above key moving averages and strong trend strength indicated by the ADX. However, some short-term technical indicators, such as the MACD and Aroon Oscillator, suggest a recent weakening in momentum or a period of consolidation. 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.