Gold Union: the Bahar Azadi coin fell 6.3 million tomans in one week

The head of Iran's Gold and Jewellery Union said on Saturday, 25 July 2026, that the gold and coin market had been through a volatile week and closed lower overall. According to the announcement, the full Bahar Azadi coin fell 6.3 million tomans over the week, and each gram of 18-carat gold fell 712,000 tomans.

He said the main driver of the decline was the drop in the exchange rate from midweek, which passed through to the whole domestic gold market. By Saturday evening, 25 July, the Bahar Azadi coin was trading at about 179.8 million tomans and the Emami coin at about 184.5 million tomans, both down roughly 2 to 2.7 percent on the day.

Iran's domestic gold market is the product of two variables: the global ounce price and the free-market dollar rate. In recent days the global ounce has hovered around 4,050 dollars, so most of the domestic price change has come from the currency side, which is also why the coin premium compressed this week.