18K Gold per gram (IRR) Rebounds After Recent Decline, Bullish Trend Holds

Market Summary

18K Gold per gram in Iranian Rial (IRR) posted a gain on November 4, 2026, closing at 260,621,000 IRR. The session opened at its daily low of 255,102,000 IRR and rallied to reach a high of 261,104,000 IRR before settling near the top of its range. This marks a positive close following a decline in the previous session.

Market Analysis

The latest session for 18K Gold per gram saw a notable upward movement, with the price advancing from its opening level to close higher. This daily gain follows a period of volatility, including a significant drop on October 31, which saw the price reach a recent low of 251,616,000 IRR. The current close of 260,621,000 IRR places the asset above its 50-day Simple Moving Average (SMA50) of 252,926,900 IRR and significantly above its 200-day Simple Moving Average (SMA200) of 202,241,294 IRR, indicating a broader bullish trend.

However, the price remains slightly below its 20-day Simple Moving Average (SMA20) of 261,257,550 IRR, suggesting short-term pressure. The asset is approximately 4.57% below its 52-week high of 273,108,000 IRR, which also serves as a resistance level. Support is identified at 251,616,000 IRR.

Technical Highlights

Momentum indicators present a mixed picture. The 14-period Relative Strength Index (RSI) stands at 52.88, indicating moderately positive momentum without being in overbought territory. The Moving Average Convergence Divergence (MACD) line is positive, but its histogram is negative, suggesting a recent weakening of bullish momentum or a bearish crossover against its signal line.

Trend strength, as measured by the Average Directional Index (ADX), is at 24.49, which is below the 25 threshold often associated with a strong trend, implying a non-trending or weakening trend environment. Furthermore, trend-following indicators such as Supertrend and Parabolic SAR (PSAR) both show bearish signals, with the price trading below their respective levels of 269,903,994 IRR and 268,581,620 IRR. Conversely, the Aroon Oscillator is positive at 29.17, with Aroon Up (45.83) notably higher than Aroon Down (16.67), suggesting the presence of an upward trend.

Conclusion

18K Gold per gram (IRR) recorded a positive session on November 4, 2026, rebounding from its open and closing higher. While the broader market structure indicates a bullish trend with the price well above its medium and long-term moving averages, short-term indicators and trend-following tools like Supertrend and PSAR suggest recent bearish pressure or a weakening of the immediate upward momentum. 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.