The Iranian financial landscape on Saturday, November 7, 2026, was defined by a historic surge in gold prices and a steady climb in major currency rates. By the evening session at 18:00 Tehran time, the US Dollar (USD) reached a selling price of 266,600 Toman, while the buying rate hovered around 265,022 Toman. This upward movement in the greenback has been compounded by the rising cost of regional trade currencies; the UAE Dirham (AED) is now trading at 72,600 Toman, and the Turkish Lira (TRY) has reached 5,315 Toman. These figures suggest that the cost of imports from Iran's primary trading partners is likely to increase, further fueling domestic inflation.
The most significant headline of the day, however, comes from the precious metals sector. The global gold ounce has shattered previous records, trading at $4,072.10. This international rally has had a direct and immediate impact on the domestic market. The price of 18-karat gold has surged to 25,746,802 Toman per gram, a figure that was once considered unthinkable. Consequently, the Emami gold coin has reached a milestone of 260,000,000 Toman, while the Azadi coin and Nim Seke are trading at 251,000,000 and 137,500,000 Toman, respectively. The scale of this increase reflects a perfect storm where global demand for gold as a safe haven meets a weakening local currency.
In the digital asset market, the situation remains tense. Tether (USDT), often used as a benchmark for the digital dollar, is trading at 267,810 Toman. This premium over the physical dollar indicates a high level of digital capital flight as investors seek to move assets into more portable forms. Meanwhile, the broader cryptocurrency market shows Bitcoin (BTC) holding steady at $75,870 and Ethereum (ETH) at $2,243.05. The European and British markets also showed strength, with the Euro reaching 297,300 Toman and the British Pound climbing to 356,100 Toman. These movements reflect a broader trend of currency devaluation that is not limited to the US Dollar alone, as global geopolitical tensions continue to drive investors toward hard assets.