Global Gold Rises Over 1 Percent Above $4,400 as Tehran Gold and Coin Prices Ease on Firmer Rial

According to Ecoiran, reporting early Tuesday, 20 Mordad 1405 (August 11, 2026), citing Tehran's Gold and Jewelry Union, global spot gold rose to $4,410 an ounce. Separate data from TGJU recorded global gold at $4,414.36 an ounce over the same window, up $25.59, or more than 1 percent, from the previous day and about 4 percent higher than a week earlier. Tehran's domestic gold and coin market did not track the move, however, with every listed item posting a decline: Tehran's benchmark gold rate fell to 80,990,000 tomans, 18-karat gold to 18,696,700 tomans, and the new-design Bahar Azadi coin to 186,000,000 tomans, all down from the prior session. Ecoiran attributed the domestic market's divergence from the global gold rally mainly to the falling free-market dollar rate in Tehran, which posted its fifth consecutive daily decline on Monday to reach a one-month low.