The Iranian financial markets closed the final session of September 2026 with a sharp upward trend across all major sectors. The US Dollar (USD) was traded at 255,800 Tomans in the free market, while the buy rate hovered around 254,286 Tomans. This movement reflects a broader inflationary pressure as other major currencies followed suit, with the Euro reaching 290,600 Tomans and the British Pound sterling hitting 339,900 Tomans. The UAE Dirham, often a leading indicator for the Tehran market, stood firm at 69,650 Tomans.
In the precious metals sector, the surge was even more pronounced, fueled by a historic rally in global markets. The gold ounce reached $4,171.10, a figure that directly impacted domestic valuations. Consequently, the Emami coin was priced at 259,000,000 Tomans, while the Azadi coin trailed slightly at 251,000,000 Tomans. Gold 18k per gram reached an unprecedented 25,324,345 Tomans, marking a challenging day for retail buyers and jewelry investors alike.
The cryptocurrency market showed relative stability compared to the volatile fiat and gold sectors. Bitcoin (BTC) maintained its strong position at $83,729, while Ethereum (ETH) traded at $2,679.62. Tether (USDT), the primary stablecoin used by Iranian traders, was priced at 254,878 Tomans, maintaining its usual narrow spread with the free market dollar rate. This stability in crypto prices suggests that the current domestic volatility is primarily driven by local currency devaluation and global gold demand rather than a shift in digital asset sentiment.