Iran Market Pulse: Monday Morning, Tir 8, 1405 / June 29, 2026

Today's Snapshot

Monday morning, 8 Tir 1405 (June 29, 2026), Iran's markets enter the new week against the backdrop of Sunday's heavy sell-off: the Tehran Stock Exchange's TEDPIX closed down 100,762 points (−1.95%) to 5,075,593 on 7 Tir 1405 (June 28, 2026), with 7.2 trillion tomans of individual-investor net outflow. Parallel markets moved in the opposite direction, with the free-market dollar and gold prices rising; 18K gold is approaching the 17-million-toman channel. Brent crude trades near $73.61.

Currency (ارز)

The free-market US dollar in Iran traded at approximately ~173,700 tomans on the morning of Monday, 8 Tir 1405 / June 29, 2026 (IMNA). Other sources logged prices in the 172,200–172,960 toman range, reflecting different recording times throughout the morning (Etemadonline, Eghtesad News). The overall trend through the day is reported as upward (Eco Iran).

The official "agreed" (توافقی) rate at Iran's Currency and Gold Exchange Centre for 8 Tir 1405: sell 146,957 tomans, buy 145,634 tomans (ILNA / Exchange Centre). The gap between the free-market rate and the official rate is approximately ~26,743 tomans (roughly 18% above the official rate).

Cautious context: The global US Dollar Index (DXY) is stable at 101.33 (Trading Economics), providing no additional external push. Domestic demand for free-market foreign exchange continues to keep the spread elevated. This is an observation of the trend, not a trading recommendation.

Gold and Coin (طلا و سکه)

18-karat gold traded at approximately ~16,886,800 tomans per gram on the morning of 8 Tir 1405 / June 29, 2026. Most sources reported an increase (Etemadonline, Donya-e-Eqtesad, Eco Iran, Bankavl); one source (Eghtesad News) reported a slight early-morning dip. A midday report from Etemadonline noted that 18K gold was "approaching the 17-million-toman channel."

• Emami full coin (سکه امامی): ~178,000,000 tomans (morning of 8 Tir 1405, multiple sources)
• Half coin (نیم سکه): ~90,500,000 tomans
• Quarter coin (ربع سکه): ~54,500,000 tomans
• Coin premium (حباب سکه, estimated): ~10 million tomans (~6%), based on comparison of market price with the intrinsic gold content value

International spot gold (XAU/USD) traded in the range of $4,045–$4,073 per troy ounce on the morning of 8 Tir 1405 / June 29, 2026, down roughly 1% from the prior session (Trading Economics, GoldPrice.org). The decline in global gold reflects the hawkish tone of the US Federal Reserve following PCE data that maintained slightly elevated rate expectations.

Stock Market — Sunday Session, 7 Tir 1405 (June 28, 2026)

Sunday's trading session, 7 Tir 1405 / June 28, 2026, at the Tehran Stock Exchange closed under broad selling pressure:

• TEDPIX (overall index): closed at 5,075,593, down 100,762 points (−1.95%) (Taadol / Eghtesad Online)
• Equal-weight index: closed at 1,317,213, down 20,322 points (−1.52%)
• Retail trade value: 32,482 billion tomans
• Individual-investor net outflow: 7.2 trillion tomans (7.2 همت) (Taadol); Eghtesad Online reported 6.5 trillion tomans

The simultaneous decline in both the cap-weighted and equal-weight indices indicates that selling pressure was not confined to large-cap stocks but spread broadly across market symbols. The scale of individual-investor outflow was among the more notable readings in recent weeks.

Cautious context: A rising free-market dollar can affect cost and revenue assumptions for commodity-linked listed companies. The above is a description of the session, not a buy, sell, or hold recommendation for any security.

Crypto (رمزارز)

Bitcoin (BTC) traded at $59,860 on the morning of Monday, 8 Tir 1405 / June 29, 2026 (as of 08:50 ET; open: $59,496) (Yahoo Finance / Fortune). Ethereum (ETH) opened at $1,569.67 and reached $1,572 in the same window, down about 0.1% from Sunday's open (Yahoo Finance).

Tether (USDT) was trading at approximately ~171,000 tomans on domestic Iranian exchanges as of the evening of Sunday, 7 Tir 1405 / June 28, 2026 (domestic exchange sources). The toman price of Tether is directly linked to the free-market dollar rate.

Cautious context: Bitcoin's steady decline since mid-June 1405 (mid-June 2026) is attributed to outflows from US Bitcoin ETFs, higher-interest-rate expectations, and investor interest in AI-related equities (Yahoo Finance). This is a factual description and not investment advice.

Iron and Steel (آهن و فولاد)

Iran's steel market is in a period of relative stability on Monday, 8 Tir 1405 / June 29, 2026. Grade A3 ribbed rebar, size 14, from Zob Ahan Isfahan was reported at 60,550 tomans per kilogram for 8 Tir 1405 (Taadol). The broader market range (depending on size and manufacturer) is 57,000–72,090 tomans per kilogram (Ahan Online, 7 Tir 1405).

Following a 4–5% price correction in rebar through Khordad 1405 / May-June 2026 (Felezat Online), market participants are awaiting clearer signals from the exchange rate and Iran Mercantile Exchange (IME) supply offerings. Global steel indices also face headwinds from slowing Chinese economic growth.

Automobiles (خودرو)

Free-market prices for domestic vehicles on Monday, 8 Tir 1405 / June 29, 2026 (sources: Bama, Fararu, Khabar Foori):

• Shahin (manual): ~2,000,000,000 tomans (2 billion)
• Tara (manual, V1 Plus): ~1,950,000,000 tomans
• Sayna S: ~1,210,000,000 tomans

The automobile market has seen price declines in recent weeks. The factory-to-market price gap for models such as the Dena Plus Automatic was reported as wide as 105 million tomans in recent days (Rokna, 6 Tir 1405 / June 27, 2026).

Building Materials (مصالح)

Iran's cement and building materials market was stable in early Tir 1405. Wholesale cement prices showed no significant movement as of 6 Tir 1405 / June 27, 2026 (Tejarat News), with adequate inventory levels. Summer heat may temper construction activity and moderate materials demand in the weeks ahead. Central bank policy signals on financing costs remain a longer-term driver to watch (Etemadonline).

Global Backdrop (نگاه جهانی)

Global markets on the morning of Monday, 8 Tir 1405 / June 29, 2026:

• Brent crude: $73.61 per barrel (day's range: $72.58–$73.85) (Investing.com)
• WTI crude: ~$70 per barrel, recovering modestly from a four-month low (Reuters)
• Gold spot (XAU): $4,045–$4,073 per troy ounce (Trading Economics, GoldPrice.org)
• US Dollar Index (DXY): 101.33 (−0.03%) (Trading Economics)

Context: Reported tensions between the US and Iran in the area of the Strait of Hormuz have contributed to oil-price volatility; WTI has partially recovered from its recent lows. US PCE data matched expectations, slightly reducing the rate-hike premium, though the Fed's broadly hawkish stance continues to weigh on gold and risk assets. The above describes reported developments and does not editorialize on the parties involved.

What to Watch Today

• Tehran Stock Exchange session (Monday, 8 Tir 1405; 09:00–12:30 Tehran time): After yesterday's 100,000-point decline, the TEDPIX opening level and the direction of individual-investor money flow in the first trading hour are observable data points.
• Iran Mercantile Exchange (IME): Possible steel, petrochemical, and cement offerings at the IME session.
• Currency and Gold Exchange Centre: Daily "agreed" rate and trading volume at the official exchange centre.
• Crypto: Bitcoin's continued moves in the $59,000–$60,000 range.
• Oil and Strait of Hormuz: Developments in regional geopolitical conditions and their effect on Brent crude pricing.

This section is a factual reminder of scheduled events and observable data points. It does not recommend buying, selling, or holding any asset.

Disclaimer

This report is for educational and informational purposes only and does not constitute investment or trading advice. All figures carry a date and source and may change during the course of the trading day. Verify all data from up-to-date, authoritative sources before making any financial decision.