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News | Gold | Iran

18-Karat Gold Is 3.3% Cheaper Than Thursday on Saturday, and the New-Design Coin Loses 7.6 Million Tomans

Sahmino Newsroom | 31 October 2026 | 5 days ago

18k gold (gram)unchanged0.0%260,621,000rials4 November

Tehran's gold and coin market was cheaper on Saturday 9 Aban 1405 (31 October 2026) than at Thursday's close (7 Aban) across every item surveyed. According to Mehr, a gram of 18-karat gold fell from 26.207 million tomans to 25.343 million, a drop of 864,000 tomans or about 3.3 percent. The Tehran mithqal quote went from 113.522 million to 109.780 million tomans.

Tehran gold and coin market (archive image)

Tehran gold and coin market (archive image)

Archive photo | Source: Mehr News

The new-design coin slipped from 266.99 million to 259.4 million tomans, down 7.59 million; the old-design coin fell 7.68 million to 249.1 million tomans. The half coin was quoted at 138.5 million, the quarter coin at 74 million and the one-gram coin at 37 million tomans.

Mehr links the retreat to the fall in the global gold ounce alongside the drop in domestic rates: the ounce went from about $4,025 at Thursday's close to about $3,875 in today's quotes.

Reference:Mehr News AgencyThe original report

Further reports: EcoIran

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Sahmino's reading

Sahmino's record at 15:59 the same day agrees: 18-karat gold is down 3.14 percent and the Emami coin 2.62 percent from the previous reading.

Since this story was published, 18k gold (gram) rose 3.3 percent, to 260,621,000 rial.

Over the same days, Gold ounce rose 4.8 percent, to 4,063 dollars.

18k gold (gram)
+3.3%
Gold ounce
+4.8%

Prices to the close of 4 November

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