The Iranian financial market entered the first day of October 2026 with a notable bullish sentiment in the precious metals sector. As of the morning session on Thursday, October 1, the US Dollar (USD) is trading at 256,200 Tomans for selling and 254,684 Tomans for buying. This relative stability in the currency market, despite significant fluctuations in global commodities, provides a temporary anchor for domestic traders navigating the start of the new Persian month.
The gold market is currently the primary focus of investors, witnessing a historic rally. The global gold ounce has climbed to an unprecedented $4,188.00, which has directly pushed the price of 18-karat gold in Iran to 25,393,600 Tomans per gram. The Emami gold coin has reached a staggering 259,000,000 Tomans, while the Azadi coin follows at 251,000,000 Tomans. This surge reflects the intense pressure from international markets on the local bullion trade, as the global ounce remains the dominant factor in domestic pricing.
In the cryptocurrency space, Bitcoin (BTC) continues its strong performance, trading at $84,213. This digital asset's resilience, combined with Tether (USDT) trading at 256,069 Tomans, highlights a synchronized movement between the digital and traditional currency markets in Tehran. Ethereum (ETH) is also maintaining its ground at $2,711.34, suggesting a broader stability in the crypto sector that mirrors the USD's behavior in the local open market.
Regional currencies show firm results that act as indicators for the capital's currency desks. The UAE Dirham (AED) is priced at 69,750 Tomans, while the Turkish Lira (TRY) stands at 5,225 Tomans. Analysts suggest that the Dirham's current level indicates a potential support zone for the USD in the coming days. As the market balances between global gold trends and local liquidity demands, the stability of these regional rates will be crucial for predicting the next move in the Tehran market.