18K Gold per gram (IRR) Records Daily Loss, Reaching New Low

Market Summary

18K Gold per gram in Iranian Rial (IRR) experienced a notable decline on November 10, 2026, closing at 249,310,000 IRR. This marks the lowest closing price observed in the available data, following a session that opened at its high and saw prices fall to a new intraday low.

Market Analysis

The 18K Gold per gram rate recorded a significant daily loss on November 10, 2026. The session commenced at 255,434,000 IRR, which also represented the day's high, indicating immediate downward pressure from the open. Prices subsequently fell to an intraday low of 247,576,000 IRR before settling at a closing price of 249,310,000 IRR. Both the closing price and the intraday low represent the lowest points recorded in the provided history. This decline interrupts a brief two-day period of gains. Over the past month, the asset has generally exhibited a pattern of lower highs since reaching 273,108,000 IRR on October 22, suggesting a prevailing downward trajectory in the short to medium term.

Technical Highlights

Technical indicators largely reflect the recent bearish price action. The price of 18K Gold per gram is currently trading below both its 20-day Simple Moving Average (SMA) of 260,007,700 IRR and its 50-day SMA of 254,549,360 IRR, signaling short and medium-term bearish sentiment. However, the price remains above the 200-day SMA of 204,251,449 IRR, suggesting a longer-term bullish perspective.

Momentum indicators also point to weakness; the Relative Strength Index (RSI) is at 41.32, indicating bearish momentum, while the Moving Average Convergence Divergence (MACD) shows its line below the signal line with a negative and declining histogram. Furthermore, the Average Directional Index (ADX) at 22.59 suggests a lack of strong trend strength, but the Minus Directional Indicator (+DI) at 41.90 significantly outweighs the Plus Directional Indicator (-DI) at 22.18, underscoring dominant downward pressure. The price closed near the lower Bollinger Band of 248,902,930 IRR, and several oscillators, including the Stochastic RSI (15.09) and Williams %R (-91.07), are in oversold territory, which could imply the price is at an extreme low within its recent range.

Conclusion

In summary, 18K Gold per gram (IRR) experienced a significant daily decline on November 10, 2026, reaching its lowest close and intraday low in the provided data. Short and medium-term moving averages indicate bearish pressure, supported by momentum indicators. While some oscillators suggest oversold conditions, the overall trend remains under downward pressure. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

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