The Iranian currency market closed the week on Friday, November 13, 2026, with the US Dollar maintaining a strong position at 269,500 Toman for sell and 267,905 Toman for buy. Other major currencies followed suit, with the Euro trading at 298,200 Toman and the British Pound at 356,950 Toman. The stability in the currency market comes despite significant fluctuations in global commodity prices, suggesting a cautious approach by local traders.
The gold and coin market, however, experienced a more volatile session. The global price of gold reached a staggering $3,890.82 per ounce, a historic high that immediately impacted domestic valuations. In Tehran, the Emami gold coin reached 254,500,000 Toman, while the Azadi coin was priced at 247,000,000 Toman. The price of 18-karat gold per gram stood at 25,762,962 Toman, reflecting the direct correlation between the global ounce and domestic gold products.
In the cryptocurrency sector, Bitcoin (BTC) remained relatively stable, trading at $69,220. Ethereum (ETH) was priced at $1,964, showing a slight decoupling from the aggressive rally seen in the gold markets. Interestingly, Tether (USDT) was quoted at 270,006 Toman, maintaining a slight premium over the physical US Dollar, which indicates continued demand for digital assets as a hedge against local currency volatility.
Market analysts suggest that the coming week will be critical for the Toman. If the global gold ounce continues its upward trajectory, the pressure on the Central Bank of Iran to manage domestic liquidity and coin supply will increase. For now, the 270,000 Toman mark for the USD remains a psychological resistance level that the market is closely watching.