Gold funds retreat as the dollar eases: 94% of gold funds closed lower and 2.2 trillion tomans of retail money moved into fixed income
26 July 2026 | 3 months ago
A fall in the dollar during trading on Saturday, 3 Mordad 1405 (25 July 2026), put selling pressure on precious-metal-backed funds in Iran's capital market, and most of these funds closed in negative territory.
According to Tejarat News, 94 percent of gold funds and 80 percent of silver funds saw supply outweigh demand in that session. Net liquidity flow into fixed-income funds nonetheless stayed positive, with roughly 2.2 hemat, equivalent to 2,200 billion tomans, of retail money drawn into those funds.
The flows were recorded alongside the retreat in the exchange rate and on the same day that the Tehran Stock Exchange main index closed green, up about 0.21 percent, with 66 percent of symbols in positive territory.
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