The Iranian market opened on Tuesday, September 29, 2026, with a relatively stable outlook across key sectors. The US Dollar (USD) continued its consistent performance, trading at 244,800 Toman for sell and 243,351 Toman for buy. This stability in the foreign exchange market suggests a period of consolidation after recent fluctuations, providing a predictable environment for traders and businesses. Other major currencies also reflected this trend, with the Euro (EUR) priced at 278,300 Toman and the British Pound (GBP) at 324,400 Toman, indicating a broader calm in the currency exchange.
In the precious metals market, gold and coin prices held firm. The benchmark Emami coin was quoted at 247,000,000 Toman, signaling sustained demand and investor confidence in physical assets. The Azadi coin followed closely at 239,000,000 Toman, while the Nim Seke reached 127,000,000 Toman. A gram of 18-karat gold, a common measure for retail investors, was priced at 24,424,026 Toman. Globally, the gold ounce stood at 4,127.40 USD, reflecting international market dynamics that often influence local pricing.
The cryptocurrency market presented a mixed picture. Bitcoin (BTC), the leading digital asset, was trading at 83,097 USD. Ethereum (ETH) followed with a price of 2,663.52 USD. The stablecoin Tether (USDT) maintained its peg closely, trading at 244,720 Toman, aligning with the USD exchange rate and offering a stable digital alternative for transactions. These figures indicate continued interest in digital assets within Iran, despite global market volatility.
Overall, Tuesday morning's market snapshot points to a period of relative stability in the Iranian financial landscape. The consistent performance of the US Dollar, coupled with steady gold prices, provides a sense of predictability for investors. While cryptocurrencies show their inherent volatility, their integration into the local market continues to grow, offering diverse investment avenues. This balanced environment allows participants to strategize with a clearer view of short-term trends.