The Iranian financial markets opened the week on October 3, 2026, with a pronounced upward trend across major assets. The US Dollar (USD) sell rate climbed to 271,500 Toman, while the buy rate settled near 269,893 Toman. This movement reflects ongoing inflationary pressures and shifts in regional demand. Other major currencies followed suit, with the Euro trading at 305,700 Toman and the UAE Dirham reaching 73,950 Toman, indicating a broad-based strengthening of foreign currencies against the Toman.
The gold sector experienced a dramatic surge, primarily driven by the international market. The global gold ounce reached an unprecedented $4,141.80, a level that has fundamentally reshaped domestic pricing. In Tehran, 18-karat gold is now valued at 26,455,515 Toman per gram. The Emami gold coin has reached a staggering 274 million Toman, while the Bahar Azadi coin sits at 260 million Toman, indicating a high premium in the physical market as investors rush to hedge against currency risks.
In the digital asset space, Bitcoin (BTC) continues its strong performance, trading at $84,811. Ethereum (ETH) is currently priced at $2,681.18. Interestingly, the Tether (USDT) rate in the Iranian market is quoted at 266,306 Toman, maintaining a notable gap with the physical dollar rate. This discrepancy highlights the specific liquidity conditions within the local crypto-to-fiat gateways as digital assets remain a popular alternative for capital preservation among Iranian traders.