Gold and Silver Retreat Globally as the Dollar Strengthens and Oil Extends Gains

Global markets moved in the opposite direction from the previous day on Tuesday, August 18, 2026 (27 Mordad 1405): investors turned risk averse, the dollar index strengthened, and oil prices extended their climb, while gold, silver and industrial metals fell. According to Ecoiran, the global gold price moved away from the 4,400 dollar mark, silver lost the 65 dollar level, and copper retreated more than one percent from its record high.

Live data from Iran's tgju.org gold and currency information network showed, as of 23:35 Tehran time that evening, global gold trading around 4,355 dollars an ounce (down about 1.4 percent) and Brent crude around 91 dollars a barrel. Sahmino's own price data at the same time showed gold down 1.62 percent at 4,345 dollars an ounce and silver down 3.52 percent at 63.5 dollars.

Domestically, the trend was the opposite: according to Ecoiran, the free market dollar rose to about 188,000 tomans and the Emami gold coin price crossed above 191 million tomans. Tehran's stock market gave back part of the previous day's gains and recorded net capital outflows.