On the morning of Tuesday, October 6, 2026, the Tehran currency market opened with a distinct upward bias. The US Dollar (USD) sell rate reached 269,600 Toman, hovering just below the critical 270,000 resistance level. Concurrently, the Euro and British Pound are trading at 302,400 and 356,350 Toman, respectively. This broad-based currency appreciation reflects ongoing liquidity pressures and shifting expectations in the domestic fiscal landscape.
The gold market is experiencing a historic surge, primarily driven by international benchmarks. The global gold ounce has climbed to an unprecedented $4,125.20. This international rally, combined with the rising USD/IRR rate, has propelled the Emami gold coin to 273 million Toman. Domestic 18-karat gold is now priced at 26,697,908 Toman per gram, marking a significant milestone for local investors seeking a hedge against currency devaluation.
In the cryptocurrency sector, Bitcoin continues its robust performance, trading at $85,630. Ethereum follows at $2,701.36. Interestingly, Tether (USDT) is priced at 267,951 Toman in the local market, maintaining a slight discount compared to the physical greenback. This narrow spread suggests that while demand is high across all asset classes, the digital asset market remains a highly efficient alternative for capital movement during this period of high volatility.