18K Gold per gram (IRR) Reaches New 30-Day Highs Amid Bullish Momentum
18K Gold per gram (IRR) closed the latest session on October 21, 2026, at 270,550,000 IRR, advancing from an opening price of 264,520,000 IRR. The asset reco...
Market Summary
18K Gold per gram (IRR) closed the latest session on October 21, 2026, at 270,550,000 IRR, advancing from an opening price of 264,520,000 IRR. The asset recorded a session high of 270,569,000 IRR, which also marked its lowest level for the day, reflecting an upward session range. This price action extends a sequence of three consecutive positive daily sessions.
Interactive price chart
Market Analysis
The latest session reflects a continuation of a broader bullish trend, supported by the asset trading above its 20-day, 50-day, and 200-day simple moving averages. The close at 270,550,000 IRR represents the highest closing price recorded over the past 30 days. Looking at the recent trajectory, the asset has posted higher levels after recovering from mid-October lows, with consecutive gains established over the last three sessions. The session range spanned from the opening low of 264,520,000 IRR to the session high of 270,569,000 IRR, matching the upper boundary of the Donchian channel.
Technical Highlights
Momentum indicators point to strong directional strength alongside elevated valuation conditions. The 14-day Relative Strength Index (RSI) stands at 70.48, crossing the threshold typically associated with overbought conditions. The Average Directional Index (ADX) at 41.26 confirms a solid prevailing trend. Furthermore, the 20-day Commodity Channel Index (CCI) registers at 147.62, reinforcing the positive short-term momentum. The closing price has surpassed the upper Bollinger Band of 270,057,710 IRR, indicating extended trading limits relative to recent volatility. The Supertrend indicator maintains a bullish reading with its directional value set to positive.
Conclusion
The available market data indicate that 18K Gold per gram (IRR) finished the latest session higher, marking its third consecutive daily gain and registering a 30-day closing high alongside robust trend strength indicators and readings above key moving averages. 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.