The Iranian financial market opened on Wednesday, November 11, 2026, with significant movements in the precious metals sector. The global gold ounce reached an unprecedented $4,060.80, a surge that has directly impacted the domestic market. In Tehran, 18-karat gold is now trading at 25,762,962 Toman per gram, while the benchmark Emami coin has reached 254,000,000 Toman. This rally in gold is primarily driven by international economic shifts, creating a ripple effect in local asset pricing.
In the currency market, the US Dollar (USD) is maintaining its position in the 258,000 Toman range, with the sell rate recorded at 258,200 Toman. The gap between the free market rate and the Tether (USDT) price, currently at 252,971 Toman, suggests a complex liquidity environment where digital assets are trading at a slight discount compared to physical cash. Other major currencies like the Euro and British Pound are also seeing elevated levels, trading at 288,250 and 344,550 Toman respectively.
The cryptocurrency sector remains robust, with Bitcoin (BTC) trading at $73,767. This stability in the crypto market, despite the massive volatility in gold, indicates a diversifying interest among Iranian investors who are looking for hedges against local currency depreciation. Ethereum is also holding steady at $2,065.90, reflecting a broader confidence in digital finance as a secondary store of value.