18K Gold per gram (IRR) Recovers After Recent Decline, Broader Trend Remains Bullish

Market Summary

18K Gold per gram in Iranian Rial (IRR) saw a positive session on November 1, 2026, closing higher after opening at its daily low. The asset gained 3,461,000 IRR, settling at 255,792,000 IRR, following a notable decline in the previous session.

Market Analysis

The latest trading session for 18K Gold per gram opened at 252,325,000 IRR, which also marked its intraday low. The price then advanced to a high of 257,015,000 IRR before closing at 255,792,000 IRR. This upward movement represents a recovery from the previous day's close of 252,331,000 IRR, which was the lowest closing price observed in the recent 30-day period.

Looking at the broader context, the market structure indicates an overall bullish trend for 18K Gold per gram. The price currently trades above its 50-day and 200-day Simple Moving Averages (SMAs), which stand at approximately 251,468,000 IRR and 200,996,000 IRR, respectively. However, the asset is trading below its 20-day SMA of 261,943,000 IRR, suggesting short-term weakness within the prevailing positive trend.

The price is approximately 6.3% below its 52-week high, while remaining significantly above its 52-week low, indicating it is closer to its annual peak. Identified support for the asset is at 251,616,000 IRR, with resistance noted at 273,108,000 IRR. The 30-day volatility for 18K Gold per gram is approximately 1.61%.

Technical Highlights

Several technical indicators provide further insight into the current market dynamics for 18K Gold per gram:

• Moving Averages: While the price is positioned above its longer-term 50-day and 200-day SMAs, it trades below the 20-day SMA, signaling a short-term bearish bias despite the overarching bullish trend.
• MACD: The Moving Average Convergence Divergence (MACD) line is below its signal line, and the MACD histogram is negative, indicating a bearish momentum signal.
• ADX and Directional Movement: The Average Directional Index (ADX) at 27.4 suggests a trending market. The Minus Directional Indicator (+DI) is notably higher than the Plus Directional Indicator (-DI), implying that the current trend has a downward directional bias.
• Supertrend and PSAR: Both the Supertrend and Parabolic SAR (PSAR) indicators are signaling a bearish direction, with the price trading below both, reinforcing the short-term downward pressure.
• Williams %R: The Williams %R indicator is in oversold territory at -80.57, which could suggest a potential for a price rebound in the near term.

Conclusion

18K Gold per gram experienced a positive trading session, recovering from a recent low. While the overall market structure remains bullish, supported by its position above key longer-term moving averages, several short-term technical indicators, including MACD, ADX directional movement, Supertrend, and PSAR, point to prevailing bearish momentum and a downward bias. The Williams %R, however, indicates oversold conditions, potentially hinting at a near-term reversal. 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.