Iran's domestic gold and coin market rose on Saturday amid war tensions
18 July 2026 | 3 months ago
Gold and coin prices rose in Iran's domestic market on Saturday, 18 July 2026. According to market reports, each gram of 18-karat gold traded at around 18,480,000 tomans and 24-karat gold at around 24,640,000 tomans, while the mesghal (the melted-gold benchmark) reached about 80,000,000 tomans.
In the coin market, the new-design (Emami) coin was priced at about 185,500,000 tomans, the old-design coin at about 181,500,000 tomans, the half-coin at about 95,000,000 tomans and the quarter-coin at about 53,500,000 tomans.
In the currency market, the free-market US dollar traded around 191,000 tomans and Tether around 192,000 tomans. The gains came as the Iran-US military confrontation and the Strait of Hormuz crisis continued; on the same day, global gold stood near 4,006 dollars an ounce.
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