The Tehran market opened on Sunday, October 18, 2026, with a relatively steady tone for the US Dollar, which is being sold at 263,400 Toman. Despite the stability in the currency sector, the gold market is experiencing significant pressure due to the global ounce price hitting $4,166.10. This surge has pushed the 18-karat gold price to over 25.9 million Toman per gram, while the Emami coin is currently valued at 266.5 million Toman.
In the cryptocurrency sector, Bitcoin continues its impressive run, maintaining a position at $81,668. This strength in the global crypto market is reflected locally through Tether (USDT), which is trading at 264,181 Toman—slightly higher than the physical dollar rate. This premium suggests a continued appetite for digital assets among Iranian investors seeking to hedge against local currency fluctuations.
Market analysts suggest that the current decoupling of gold from the dollar's immediate movements is a direct result of international geopolitical shifts affecting the global ounce. While the Central Bank of Iran attempts to manage the Toman's volatility, the external pressure from the gold market remains a primary concern for retail investors. As the trading day progresses, all eyes will be on whether the dollar can maintain its current support level or if it will follow the upward trajectory of precious metals.