18K Gold per gram (IRR) Posts Gain, Bullish Trend Holds Amid Mixed Signals

Market Summary

On November 5, 2026, the price of 18K Gold per gram in Iranian Rial (IRR) closed higher, marking its second consecutive daily gain. The precious metal opened the session at 260,628,000 IRR, reached an intraday high of 263,181,000 IRR, and a low of 260,395,000 IRR, before settling at 261,665,000 IRR. This represents a modest increase of 1,037,000 IRR from the opening price.

Market Analysis

The 18K Gold per gram market is currently identified with a bullish trend. The latest session's close of 261,665,000 IRR positions the price above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the broader upward trajectory. Over the past two trading days, the asset has recorded consecutive gains, following a decline on November 3.

Looking at recent price action, the gold rate has seen significant fluctuations. It reached a recent peak of 273,108,000 IRR on October 22, followed by a notable pullback to a low of 251,616,000 IRR on October 31. The current price level sits between these recent extremes, with identified support at 251,616,000 IRR and resistance at 273,108,000 IRR. The latest session's trading range was approximately 2.79 million IRR, indicating a relatively contained daily movement.

Technical Highlights

Several technical indicators offer insights into the current market posture. The price of 18K Gold per gram remains above its key moving averages, with the 20-day SMA at 261,471,000 IRR, the 50-day SMA at 253,435,520 IRR, and the 200-day SMA at 202,675,164 IRR, which generally supports the bullish trend. This is further supported by the Aroon indicator, where Aroon Up is at 50.0 and Aroon Down is at 20.83, with a positive Aroon Oscillator.

Momentum, as measured by the 14-period Relative Strength Index (RSI), is moderately positive at 53.93, suggesting neither overbought nor oversold conditions. However, the Moving Average Convergence Divergence (MACD) line is currently below its signal line, with a negative MACD histogram, which may indicate a weakening of short-term upward momentum.

The Average Directional Index (ADX) at 23.0 suggests that the trend strength is not particularly strong. Furthermore, the Minus Directional Indicator (+DI) is slightly above the Plus Directional Indicator (-DI), at 30.1 and 28.0 respectively, hinting at a marginal prevalence of bearish pressure over bullish pressure in the short term.

Contrasting with the overall bullish trend and moving average signals, both the Supertrend and Parabolic SAR (PSAR) indicators currently signal a downtrend, with the price trading below both.

Conclusion

18K Gold per gram (IRR) recorded a second consecutive daily gain on November 5, maintaining its position above key moving averages and reinforcing an identified bullish trend. However, technical indicators present a mixed picture, with some suggesting weakening short-term momentum and even a downtrend, while others support the prevailing upward movement. 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.