Gold and coin prices fall in Iran's domestic market Saturday; 18 karat gold down 2.33 percent, Emami coin down 2.82 percent
11 July 2026 | 3 months ago
Gold and coin prices turned lower in Iran's domestic market on Saturday, July 11, 2026 (20 Tir 1405). One gram of 18 karat gold fell 4,082,000 tomans, or 2.33 percent, to 17,528,700 tomans as of 2:34 pm Tehran time. The full Bahar Azadi (Emami design) gold coin dropped 4,980,000 tomans, or 2.82 percent, to 176,505,000 tomans, and its premium over intrinsic gold value narrowed to about 3,525,000 tomans. Global spot gold traded around 4,121 dollars an ounce in the same window. According to Ecoiran, easing regional tensions and continued diplomatic consultations between Iran, the United States and Oman over the Strait of Hormuz have reduced safe haven demand for gold and coins, contributing to today's domestic price declines.
More from this market
Global gold ends the week down about 1.5% near $4,100
Kitco News | 3 months agoWGC Survey: Record 45% of Central Banks Plan to Boost Gold Reserves Over Next Year
World Gold Council | 3 months agoDubai Gold Eases as Higher US Yields Blunt Safe Haven Demand
Gulf News | 3 months agoGlobal Gold ETFs See $8.9 Billion June Outflow; H1 2026 Flows Stay Positive
Yahoo Finance | 3 months ago
