The Iranian currency market opened on Friday morning, September 4, 2026, with the US Dollar showing remarkable stability. The greenback was quoted at 221,400 Toman for sell and 220,090 Toman for buy, indicating a steady demand and supply balance. Other major currencies also saw minimal fluctuations; the Euro was priced at 257,350 Toman, and the British Pound at 299,500 Toman, reflecting a calm start to the trading day. The Emirati Dirham (AED) also held firm at 60,800 Toman, suggesting a general lack of significant market-moving news.
In the precious metals sector, the Emami coin continued to be a focal point, trading strongly at 234,000,000 Toman. The Azadi coin followed suit at 229,000,000 Toman, while the Nim Seke was priced at 120,000,000 Toman. Gold 18k per gram also saw a robust valuation at 23,345,953 Toman, underscoring sustained investor interest in physical gold as a hedge against inflation. Globally, the gold ounce was valued at 4,473.60 USD, suggesting a strong international gold market that influences local sentiment.
The cryptocurrency market presented an interesting picture for Iranian investors. Bitcoin (BTC) maintained its impressive rally, trading at 80,930 USD, signaling continued bullish sentiment despite global economic uncertainties. Ethereum (ETH) also held its ground at 2,508.69 USD, showing resilience. Locally, Tether (USDT) was closely aligned with the US Dollar's value, priced at 221,005 Toman, making it a popular choice for those seeking to preserve capital against potential currency depreciation. The stability in USDT's Toman price reflects the broader calm observed in the forex market.
Overall, the morning session indicated a market largely holding its breath. While the Emami coin showed strength, the currency market remained relatively unchanged. Investors are likely watching global economic indicators and regional developments for potential shifts in the coming days, with both traditional and digital assets showing resilience in the face of current conditions.