The Iranian market concluded its Monday evening session with notable movements across currency, gold, and cryptocurrency sectors. The US Dollar continued its upward trajectory, with its selling price nearing the psychological threshold of 170,000 Toman, reflecting ongoing demand and market dynamics. This trend often influences other market segments, including imported goods and domestic inflation expectations.
In the currency exchange, the US Dollar (USD) was sold at 169,650 Toman, while its buying price stood at 168,646 Toman. Other major currencies also saw their values against the Toman: the Euro (EUR) sold for 193,500 Toman, the British Pound (GBP) at 224,650 Toman, and the UAE Dirham (AED) at 46,900 Toman. The Turkish Lira (TRY) was traded at 3,635 Toman, indicating a relatively stable but firm stance for foreign currencies.
The gold and coin market maintained its strong position. The Emami coin was priced at 169,000,000 Toman, demonstrating its resilience as a store of value. The Azadi coin followed closely at 164,000,000 Toman, and the Nim Seke (half coin) was 88,500,000 Toman. A gram of 18-karat gold reached 16,541,391 Toman, while the international gold ounce was quoted at $4,025.50, reflecting global precious metal trends.
The cryptocurrency market presented a mixed picture. Bitcoin (BTC) continued to trade below the significant $60,000 level, recorded at $59,384, suggesting a period of consolidation or bearish sentiment. Ethereum (ETH), another major altcoin, was priced at $1,567.98. The stablecoin USDT was exchanged for 170,535 Toman, closely mirroring the official USD exchange rate, which is a common indicator of local crypto-fiat liquidity. Investors are closely watching these levels for potential breakouts or further declines.