The Iranian market concluded its Saturday evening session on August 1, 2026, with key assets showing distinct movements. The US Dollar remained a central focus for investors, with its sell rate recorded at 194,600 Toman. The buy rate for the greenback was slightly lower at 193,448 Toman, reflecting the typical spread in the local currency exchange market. Other major foreign currencies also maintained their positions, with the Euro selling at 224,500 Toman, the British Pound at 262,350 Toman, and the UAE Dirham at 53,300 Toman. The Turkish Lira was noted at 4,095 Toman.
In the gold and coin market, the Emami coin continued to be a benchmark for domestic investors, reaching 188,500,000 Toman. The Azadi coin followed closely at 184,000,000 Toman, while the Nim Seke was priced at 95,500,000 Toman. The price of 18-karat gold per gram, a crucial indicator for jewelers and smaller investors, stood at 18,775,105 Toman. Globally, the gold ounce was trading at 4,043.70 USD, indicating international trends that often influence local sentiment.
The cryptocurrency market presented a mixed picture. Bitcoin, the leading digital asset, was trading at 63,053 USD, reflecting ongoing global volatility. Ethereum, the second-largest cryptocurrency, was valued at 1,870.89 USD. Locally, the Tether stablecoin (USDT) was closely tracking the US Dollar's value, with its Toman equivalent at 194,730 Toman, slightly above the direct USD sell rate, a common occurrence due to demand and liquidity factors.
Market participants continue to monitor both domestic economic indicators and international developments for potential impacts on currency and commodity prices. The stability of the Toman against major currencies and the trajectory of global gold and crypto markets remain key areas of interest for the coming week.