The Iranian market opened on Friday, September 18, 2026, with a mixed but generally stable outlook across key sectors. The US Dollar (USD) maintained a steady position against the Iranian Toman, trading at 228,600 Toman for sell and 227,247 Toman for buy. This stability in the foreign exchange market suggests a period of consolidation after recent movements, providing a predictable environment for importers and exporters. Other major currencies like the Euro and British Pound also held their ground, with the EUR selling at 262,450 Toman and GBP at 305,500 Toman.
In the gold and coin market, the Emami coin was the standout performer, experiencing a significant surge to reach 232,000,000 Toman. This upward movement in the Emami coin, often seen as a hedge against inflation and economic uncertainty, indicates strong investor interest in physical gold assets. The Azadi coin also followed suit, priced at 227,000,000 Toman, while Nim Seke stood at 119,000,000 Toman. The price of 18-karat gold per gram was recorded at 23,362,112 Toman, reflecting the broader positive sentiment in the precious metals sector, further supported by an international gold ounce price of $4,364.60.
The cryptocurrency market continued its robust performance, with Bitcoin (BTC) trading strongly at $77,474. This sustained high valuation for the leading cryptocurrency underscores a bullish trend among global crypto investors. Ethereum (ETH) also showed resilience, priced at $2,482.41. Locally, Tether (USDT) maintained a close peg to the US Dollar, trading at 227,597 Toman, reflecting its role as a stablecoin and a reliable bridge between the traditional and digital currency markets in Iran. The proximity of USDT's Toman price to the USD's Toman rate highlights the efficiency of the local crypto exchanges in maintaining this critical parity.
Overall, Friday morning's market snapshot reveals a picture of stability in the currency market, a notable rally in gold coins, and continued strength in the cryptocurrency space. Investors will be closely watching for any shifts in global economic indicators and geopolitical developments that could influence these trends in the coming days.