The Tehran currency market closed the week on Friday, October 2, 2026, with the US Dollar maintaining its position at 260,900 Tomans. Despite minor fluctuations throughout the day, the exchange rate showed resilience against external pressures. Other major currencies like the Euro and British Pound were quoted at 293,800 and 345,200 Tomans respectively, reflecting a relatively calm session for fiat trading.
The gold market, however, told a different story. Driven by a massive surge in the global gold ounce price to $4,176.70, local prices reached new heights. The Emami gold coin is now priced at 261,000,000 Tomans, while 18-karat gold per gram stands at 26,028,440 Tomans. This decoupling of gold from local currency stability highlights the impact of international safe-haven demand on the domestic bullion market.
In the digital asset space, Bitcoin continues its strong performance, trading at $86,324. Ethereum followed with a price of $2,734.89. Interestingly, the Tether (USDT) rate in the Iranian market is currently 261,063 Tomans, maintaining a slight premium over the physical dollar rate, which indicates sustained demand for digital liquidity among local investors.