Free-Market Dollar in Tehran Slips From 272 Thousand to About 270 Thousand Tomans as 18-Karat Gold Sits at the Floor of the 26 Million Channel

According to an Ecoiran report published at 23:00 on Tuesday, October 27, 2026 (5 Aban 1405), the free-market dollar in Tehran fell that day from about 272 thousand tomans to 270 thousand tomans, while 18-karat gold hovered at the floor of the 26 million toman channel. In global markets, the report said, gold moved toward $4,050, silver fell and industrial metals rose. Wednesday-morning readings (October 28, 6 Aban) on other price boards also put the free-market dollar at about 269,500 tomans.

The same report said the Tehran main stock index fell more than 1.7 percent, dropping out of the 8 million point channel, with more than 7 trillion tomans of retail money leaving the market. The free-market dollar is priced as tomans per dollar, so a lower rate means a cheaper dollar and a slightly firmer rial, not the reverse.