The Iranian financial market opened on Wednesday, July 1, 2026, with a relatively stable outlook across major asset classes. The US Dollar (USD) maintained its position, with the sell rate recorded at 172,450 Toman and the buy rate at 171,429 Toman. Other significant currencies also showed consistent pricing, with the Euro (EUR) selling at 196,750 Toman, the British Pound (GBP) at 228,300 Toman, and the UAE Dirham (AED) at 47,400 Toman. The Turkish Lira (TRY) was quoted at 3,695 Toman.
In the precious metals market, gold and coin prices exhibited a steady trend. The popular Emami coin was priced at 171,500,000 Toman, reflecting its continued demand. The Azadi coin followed closely at 166,000,000 Toman, while the Nim Seke was available for 89,500,000 Toman. For investors interested in raw gold, one gram of 18-karat gold was valued at 16,841,959 Toman. Globally, the gold ounce was trading at $3,974.70, indicating international market influences on local prices.
The cryptocurrency market remained dynamic, capturing significant attention. Bitcoin (BTC), the leading digital asset, was trading at $59,122, showing robust activity as it approached the $60,000 mark. Ethereum (ETH), the second-largest cryptocurrency, was priced at $1,591.89. The stablecoin Tether (USDT) was quoted at 173,011 Toman, slightly above the direct USD exchange rate, a common occurrence reflecting its role in facilitating crypto transactions within the local market.
Overall, the morning session on July 1, 2026, presented a market characterized by stability in traditional assets and continued engagement in the digital currency space. Investors are closely monitoring global economic indicators and geopolitical developments, which could influence future price movements in both currency and commodity markets.