18K Gold per gram (IRR) Extends Gains, Nears 52-Week High
18K Gold per gram (IRR) closed higher on October 20, 2026, marking its second consecutive day of gains. The asset opened the session at its daily low, indica...
Market Summary
18K Gold per gram (IRR) closed higher on October 20, 2026, marking its second consecutive day of gains. The asset opened the session at its daily low, indicating early buying interest, and concluded with a notable advance.
Interactive price chart
Market Analysis
On October 20, 18K Gold per gram (IRR) recorded a daily gain, closing at 264,497,000 IRR. The session saw the price open at 261,794,000 IRR, which also served as the day's low. It reached a high of 265,952,000 IRR before settling at its closing price. This latest move extends a bullish trend, with the price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The current price is positioned close to its 52-week high, standing approximately 1.46% below this level. Over the past 30 days, volatility for 18K Gold per gram has been measured at 1.23%. Key resistance for the asset is identified at 268,422,000 IRR, with support at 239,030,000 IRR.
Technical Highlights
Momentum indicators suggest a positive outlook, with the 14-period Relative Strength Index (RSI) at 65.19, indicating moderately positive momentum without entering overbought territory. The Average Directional Index (ADX) stands at 41.59, signaling a strong trend, further supported by the Plus Directional Indicator (+DI) at 37.83, which is notably above the Minus Directional Indicator (-DI) at 21.47, confirming positive directional movement. The Supertrend indicator also points to an active uptrend, with its value at 252,418,166 IRR. However, the Aroon Oscillator is at -45.83, reflecting that the Aroon Down (95.83) is significantly higher than Aroon Up (50.0), which may suggest recent bearish pressure or consolidation despite the broader bullish trend indicated by other metrics.
Conclusion
18K Gold per gram (IRR) demonstrated continued strength, extending its gains for a second consecutive session and trading near its 52-week high. While several technical indicators confirm a strong bullish trend and positive momentum, the Aroon Oscillator presents a nuanced view, suggesting some underlying consolidation or recent bearish influence. 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.