Global Gold Falls More Than 3 Percent as Tehran's Emami Coin Shows More Resilience
29 August 2026 · last month
According to Arzdigital, published around 12:13pm on Saturday, 7 Shahrivar 1405 (August 29, 2026), the global gold ounce fell 3.36 percent to 4,455 dollars and the global silver ounce fell 4.49 percent to 66.38 dollars, but Iran's domestic market did not move in lockstep: 18 karat gold fell 0.8 percent per gram to 21,896,210 tomans and the gold mesghal fell the same percentage to 94,850,000 tomans, while the Emami coin eased only 0.13 percent to 217,500,000 tomans, a sign the coin's premium held up better than raw bullion against the global drop.
A separate Khabaronline report published the same day said the weekly global gold decline, per the Wall Street Journal, was gold's biggest weekly drop since the week ending 15 Khordad (early June), following a peak of 4,696.18 dollars on Thursday. In the same market, Arzdigital's report put the free market dollar rate at 204,200 tomans at publication time, little changed from the prior day.
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