18K Gold per gram (IRR) Drops as Price Moves Below 20-Day Average
During the session on November 7, 2026, 18K Gold per gram (IRR) registered a decline, closing the day at 255,940,000 IRR. The session opened at 261,658,000 I...
Market Summary
During the session on November 7, 2026, 18K Gold per gram (IRR) registered a decline, closing the day at 255,940,000 IRR. The session opened at 261,658,000 IRR, matching the day's high, before declining to a low of 255,933,000 IRR. The asset recorded one consecutive down day following the previous session's close of 261,665,000 IRR.
Interactive price chart
Market Analysis
The price action for 18K Gold per gram (IRR) during the latest session showed a downward shift from the opening level to the close. The session high coincided with the opening price at 261,658,000 IRR, leaving no upper shadow, while a small lower shadow formed down to the session low of 255,933,000 IRR prior to the final close at 255,940,000 IRR. Looking at the broader recorded history from October 15, 2026, through November 7, 2026, prices have fluctuated between a low of 251,616,000 IRR on October 31 and a high of 273,108,000 IRR on October 22.
Technical Highlights
The 14-period Relative Strength Index (RSI) sits at 47.63, reflecting a neutral momentum state just below the midpoint. The price of 18K Gold per gram (IRR) is positioned below its 20-day simple moving average of 261,248,600 IRR, while remaining above its 50-day simple moving average of 253,685,820 IRR and its 200-day simple moving average of 203,080,349 IRR. The MACD indicator displays a negative histogram reading of -1,278,178.45, with the MACD line at 922,632.35 positioned below the signal line of 2,200,810.80. The Average Directional Index (ADX) is at 22.37, accompanied by a minus DI of 34.12 and a plus DI of 25.66.
Conclusion
The latest session concluded with 18K Gold per gram (IRR) settling lower at 255,940,000 IRR, moving below its 20-day moving average while staying above the 50-day and 200-day moving averages. Momentum indicators such as the RSI remain near neutral levels, and the MACD histogram reflects a negative value. 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.