The Iranian financial markets concluded the week on Thursday, November 12, 2026, with a notable bullish trend. The US Dollar (USD) reached a selling price of 269,000 Toman, reflecting persistent demand in the free market. This upward pressure is mirrored in the Tether (USDT) rate, which is currently trading slightly higher at 269,985 Toman, indicating a premium in the digital asset space and a shift in liquidity towards stablecoins.
In the precious metals sector, the Emami gold coin has surged to 254,500,000 Toman, driven by both domestic currency fluctuations and a strong performance in global markets. The international gold ounce is currently priced at $3,894.10, nearing a psychological resistance level of $3,900. Local 18-karat gold is priced at approximately 25.76 million Toman per gram, marking a significant milestone for local investors hedging against inflation.
The cryptocurrency market remains robust, with Bitcoin (BTC) trading at $72,020. Ethereum (ETH) has also stabilized above the $2,000 mark, currently at $2,005.23. These high valuations in the crypto sector, combined with the rising cost of the Dollar in Iran, have created a complex environment for local traders. The stability of Bitcoin above $72k suggests a continued global interest in risk-on assets despite the volatility in traditional fiat markets.