The Iranian financial market is witnessing a period of intense volatility as of Monday, October 26, 2026. The US Dollar has climbed to 269,000 Toman in the open market, reflecting a continued depreciation of the local currency. This upward trend is mirrored across other major currencies, with the Euro trading at 301,900 Toman and the UAE Dirham reaching 73,250 Toman, signaling tight liquidity and high demand for foreign exchange.
In the precious metals sector, a historic event has occurred as the global gold ounce price crossed the $4,000 threshold, currently sitting at $4,014.90. This global rally, combined with the rising domestic dollar rate, has pushed the Emami gold coin to a staggering 267,000,000 Toman. Gold 18k is now priced at over 26 million Toman per gram, placing significant pressure on retail buyers and the jewelry industry.
The cryptocurrency market remains a focal point for Iranian investors seeking to hedge against inflation. Bitcoin (BTC) is showing remarkable strength, holding steady at $80,086. Meanwhile, Tether (USDT) is trading at 268,790 Toman, maintaining a very narrow spread with the physical dollar, which indicates a high volume of digital asset transactions in the domestic market. Ethereum also remains active, trading at $2,320.37.