Gold Mesghal Posts Steepest Daily Decline in a Month
Gold Mesghal in the Iran free market experienced its most significant daily percentage loss in 30 days on October 7, 2026. The 1.89% decline marked a new ext...
Gold Mesghal in the Iran free market experienced its most significant daily percentage loss in 30 days on October 7, 2026. The 1.89% decline marked a new extreme for the period, surpassing the previous largest daily drop and interrupting a recent upward price trend.
Interactive price chart
Event Details
The Gold Mesghal closed at 1,136,480,000 IRR on October 7, down 1.89% from its opening price of 1,144,780,000 IRR. This daily percentage loss exceeded the prior 30-day record, which stood at a 1.83% decline. During the session, the instrument traded between a high of 1,146,020,000 IRR and a low of 1,135,520,000 IRR, representing an intraday range of 0.923905%.
Historical Context
The decline on October 7 followed a period of general appreciation for Gold Mesghal. From September 3, when it closed at 1,018,820,000 IRR, the price had risen to 1,158,340,000 IRR by October 6. This session's 1.89% drop represents a notable reversal against this recent upward trajectory.
Conclusion
The 1.89% daily loss for Gold Mesghal on October 7 establishes a new benchmark for short-term volatility, resetting the extreme for daily declines within the past month. This move interrupts the recent upward price momentum, marking a significant shift in the instrument's immediate market behavior.
Live rates
Track the latest Gold Mesghal (IRR) session on Iran Market Data.