Iranian Market Snapshot: Stability in Currency, Growth in Gold and Crypto
Tehran, May 9, 2026 – The Iranian market opened this Saturday morning with a generally stable outlook across major currency pairs, while gold and cryptocurrency markets showed notable movements. The US Dollar (USD) maintained its position, with a sell rate of 176,800 Toman and a buy rate of 175,754 Toman. Other major currencies also held firm, with the Euro (EUR) selling at 208,500 Toman, the British Pound (GBP) at 241,050 Toman, and the UAE Dirham (AED) at 47,700 Toman. The Turkish Lira (TRY) was quoted at 3,900 Toman.
In the gold and coin market, the Emami coin continued its robust performance, reaching 195,000,000 Toman. The Azadi coin followed closely at 190,000,000 Toman, and the Nim Seke was priced at 100,000,000 Toman. Gold 18k per gram saw its price at 20,186,758 Toman, reflecting the ongoing demand in the precious metals sector. Globally, the gold ounce was trading at $4,715.70, indicating strong international sentiment for gold.
Cryptocurrency markets presented an optimistic picture for investors. Bitcoin (BTC) surged past a significant psychological barrier, trading at $80,450. Ethereum (ETH) also demonstrated healthy growth, priced at $2,317.07. The Tether stablecoin (USDT) was valued at 17,781 Toman, closely tracking the Toman-USD exchange rate. These figures suggest continued interest and investment in digital assets within the Iranian market.
Overall, the morning session indicates a market that is finding its footing, with specific sectors showing strong performance. Investors will be closely watching global economic indicators and domestic policies for further direction in the coming days.