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According to a report by EcoIran published on the evening of Monday, September 21, 2026 (30 Shahrivar 1405), Tehran's gold, coin and currency market moved lower, reversing the previous day's trend, with gold and coin prices falling faster than the dollar due to a bigger drop in the global gold ounce. The Emami gold coin fell by more than 4 million tomans to around 234 million tomans, while the free market dollar moved toward the 230,000 toman channel. Sahmino's own price data confirms the move: the US dollar was recorded at 230,800 tomans and the Emami coin at 233,980,000 tomans on Monday evening, while the global gold ounce traded at 4,337 dollars early Tuesday, September 22 (31 Shahrivar).

Emami gold coin fell in Tehran's market on Monday, September 21, 2026 (30 Shahrivar 1405), trading at 235.5 million tomans, according to Donya e Eqtesad citing the rate published by the Gold and Jewelry Union's website. Half coin dropped to 120.5 million tomans, quarter coin to 63.5 million tomans, and the one gram coin to 33.5 million tomans, all down from Sunday. Sahmino's own live price data showed Emami coin down 1.28 percent to 235.985 million tomans and 18 karat gold down about 0.74 percent to 23.945 million tomans per gram as of 11:30 am Monday. The decline came alongside a 0.87 percent drop in global spot gold to $4,345 an ounce.

According to Donya-e-Eqtesad, Tehran's 18 karat gold price declined on Thursday, September 17, 2026 (26 Shahrivar 1405), and the Emami gold coin traded lower at 230.8 million tomans. Sahmino's own pricing data, recorded at 11:30am the same day, put the Emami coin at 232.01 million tomans (down 0.86 percent) and 18 karat gold at 23,270,500 tomans (down about 1 percent) from the previous day. The decline came even as global spot gold, per Sahmino data logged the same hour, rose 1.59 percent (about $68) to $4,325.64 an ounce. The simultaneous drop in the free market dollar rate was cited as the main reason domestic toman gold and coin prices fell despite the global ounce price's advance.

The Emami gold coin jumped in trading on Wednesday, September 16, 2026 (25 Shahrivar 1405), reaching 234.6 million tomans, according to Donya-e-Eqtesad. The rise tracked gains in global gold prices and a softer toman. Sahmino's own data shows the same direction: as of 11:30am Tehran time today, the Emami coin stood at 2,350,100,000 rials (235.01 million tomans), up about 1.5 percent from the previous day.

Secondary trading of the central bank's coin forward securities, which launched on the Iran Mercantile Exchange (IME) on September 12, 2026 (21 Shahrivar 1405), reached 10.5 million units in its first two trading days, equal to 10,500 full Bahar Azadi gold coins worth 2.4 trillion tomans (24,000 billion rials), according to Kala Khabar, the IME's own news outlet. The new instrument lets holders of coin forward securities cash out or trade their holdings before maturity in the exchange's secondary market, shifting part of gold and coin market demand from the informal cash market onto the regulated exchange.

The Emami gold coin price in Iran's domestic market fell today, Sunday September 13, 2026 (22 Shahrivar 1405). According to Donya e Eqtesad, each Emami coin traded lower at 237 million tomans; the half coin also fell to 121 million tomans, though the quarter coin rose to 63.5 million tomans. Sahmino's own data showed the Emami coin down 1.05 percent (25,000,000 rials) from the previous day to 2,369,950,000 rials, about 237 million tomans, as of 11:29am today, while the coin's premium over gold content dropped 9.8 percent to 602,000 tomans.

Rahman Arasteh, director of the derivatives and new financial instruments market at the Iran Mercantile Exchange, described the details of the central bank's first standard parallel salaf coin bond offering in remarks to Radio Eqtesad's Rooye Khat Eqtesad program, carried by Kalanews on Tuesday, September 8, 2026 (17 Shahrivar 1405). He said the bonds will be offered on Wednesday, September 9, 2026 (18 Shahrivar), and will trade under an equity trading code. In the first phase, 100,000 full Bahar Azadi coins minted in 1386 (2007 to 2008) will be offered with a three month maturity. Individual investors and gold funds may participate; individuals face a purchase cap of 100 coins, while gold funds face no numerical limit. Arasteh said bondholders can take physical delivery of the coins at maturity or use a cash settlement mechanism, and the bonds can also be sold in the secondary market before maturity. The initial offering price will be set based on the last trading day's price of the gold coin deposit certificate on the Iran Mercantile Exchange.

The Emami gold coin traded higher in Tehran on Tuesday, September 8, 2026. According to Donya-e-Eqtesad, its price reached 230,500,000 tomans. Live data from TGJU at 11:24 local time showed the Emami coin up 0.43 percent, about 990,000 tomans, to 230,995,000 tomans, while its price premium eased to around 744,000 tomans. Half coins and quarter coins traded at roughly 116,000,000 and 61,500,000 tomans respectively over the same period. Sahmino's own tracked data recorded a similar 0.44 percent rise for the Emami coin at the same time.

Iran's Emami gold coin traded around 229 million tomans in Tehran's free market on the afternoon of Monday, September 7, 2026 (16 Shahrivar 1405), a level confirmed both in Ecoiran's 15:33 report and in tgju.org's live data at 15:24 Tehran time. According to tgju.org, the coin's market premium, the gap between its price and the intrinsic value of its gold and dollar content, stood at 1,986,000 tomans as of 15:26. Global gold traded around 4,392 dollars an ounce over the same window. Ecoiran reported that today's gold and currency market was shaped by three developments: the opening of the IAEA Board of Governors session on Iran's nuclear file, a Qatari delegation's visit to Tehran for diplomatic talks, and Iran-Oman negotiations on a safe shipping corridor through the Strait of Hormuz nearing their final stage, factors the report said could ease the political tensions weighing on the market if they advance.

According to rates announced by the Tehran Gold and Jewelry Union, reported by Donya-e-Eqtesad on the morning of Sunday, 15 Shahrivar 1405 (September 6, 2026), the Emami gold coin rose today to 238 million tomans. Per the same report, the half coin held unchanged at 120,500,000 tomans, while the quarter coin fell to 64,500,000 tomans and the gram coin fell to 35,000,000 tomans. According to Sahmino's own live price data at 11:34am the same day, the Emami coin was up 0.42 percent from the previous day at 238,485,000 tomans, a figure consistent with the Union's posted rate. This mixed move, a higher price for the full coin alongside declines in the quarter and gram coins, came just hours after this morning's report had shown most gold and coin prices falling in tandem.

According to ISNA, carried by Donya-e-Eqtesad on Saturday, September 5, 2026 (14 Shahrivar 1405), the Central Bank of Iran said it will issue the country's first ever Standard Parallel Forward Coin Notes on 18 Shahrivar 1405 (September 9, 2026). The new financial instrument is intended to widen investment access to the gold coin market and help contain the inflationary effects of liquidity growth. Per the report, the notes carry a three month maturity: buyers purchase a coin at its market discovered price at issuance and can claim the coin's value three months later under the announced terms. The notes also carry a guaranteed minimum return, letting holders exercise a put option to sell at maturity for a price equal to 7 percent above the price discovered on the issuance day. Details on the offering method, pricing and trading terms are to be announced through the Central Bank's own information portal and the Iran Mercantile Exchange.

According to Donya-e-Eqtesad, citing the Tehran Gold and Jewelry Union's posted rate, the price of the Emami gold coin rose on Thursday, September 3, 2026 (12 Shahrivar 1405), reaching 235 million tomans. The half coin traded at 120 million tomans, the quarter coin at 63 million tomans, and the gram coin at 35 million tomans. Sahmino's own live data showed the Emami coin at 235,005,000 tomans at 11:34am Thursday in online trading, up about 3.07 percent from the previous day, consistent with the reported uptrend. The coin's rally came alongside the free market dollar rising above 221,000 tomans and global gold climbing about one percent to near 4,430 dollars an ounce.

Tehran's gold and coin market trended higher in early trading on Tuesday, 10 Shahrivar 1405 (September 1, 2026). According to Ecoiran, 18 karat gold reached about 22.3 million tomans a gram and the Emami coin hit 221.2 million tomans. 24 karat gold traded near 29.73 million tomans and one mesghal of gold near 96.6 million tomans. The half coin was priced at 113.5 million tomans, the quarter coin at 61.5 million tomans and the gram coin at 32 million tomans. Globally, spot gold traded between 4,432 and 4,441 dollars an ounce this morning. Sahmino's own price data at 11:28 that day showed global gold at 4,421 dollars (down 0.59 percent on the day) and the Emami coin at 220,985,000 tomans, figures consistent with Ecoiran's morning report. The Emami coin's bubble over its melt value was put at about 44.37 million tomans. Ecoiran noted that the domestic rise in gold and coin prices, despite the dip in the global ounce price, was driven mainly by the exchange rate and trader expectations.

Tehran's gold and coin market extended its gains on Monday, 9 Shahrivar 1405 (August 31, 2026), even as the global gold ounce slipped. According to Donya e Eqtesad at 11:06am Tehran time, the Emami coin's price rose to 217,500,000 tomans today. Live data from tgju.org put the Emami coin at 218,010,000 tomans over the same hours, up 1.39 percent from the same day last week (Tuesday, 3 Shahrivar, at 215,000,000 tomans). Per Sahmino's own data at 11:29am, the Emami coin was up 0.67 percent at 219,480,000 tomans, with its premium over intrinsic gold value jumping to about 3,240,000 tomans. The rise came as global spot gold, per Sahmino's data at the same hour, was down 0.27 percent at 4,442.2 dollars an ounce, suggesting the rise in Iran's domestic dollar rate, rather than the global gold price, was the main driver behind Tehran's gold and coin market today. The Emami coin had also touched an all time high of 223,500,000 tomans last week, on Friday, 6 Shahrivar (August 28).

Gold coin (Emami) prices in Tehran continued their rally alongside the dollar's surge on Sunday, Shahrivar 1, 1405 (August 23, 2026). Data from the TGJU price index showed the Emami coin at 218,035,000 tomans as of 19:30 Tehran time, up 9,015,000 tomans (4.31 percent) from the previous day, with today's high reaching 219,040,000 tomans. The same data put the coin's weekly gain at 14.44 percent and its year on year increase at 150.09 percent. According to Ecoiran, the simultaneous jump in the dollar and gold coin began in early afternoon trading today.

According to Donya-e-Eqtesad and data from the Tehran Gold and Jewelry Union, published Sunday, Shahrivar 1, 1405 (August 23, 2026), the price of the Emami gold coin accelerated further today, reaching 215,500,000 tomans by 11:12am. Per Sahmino's live price data, the Emami coin was trading at 216,015,000 tomans as of 11:34am, up 3.35 percent from the previous day. The half coin rose to 110,500,000 tomans, the quarter coin to 60,000,000 tomans, and the gram coin to 31,000,000 tomans. The jump extends the three day rally in Tehran's gold and coin market reported earlier this morning, when the Emami coin stood at 209,500,000 tomans and 18 karat gold at 21,469,000 tomans a gram. Per TGJU data, global spot gold traded in a narrow 4,603 to 4,611 dollar range over the same window, indicating today's coin price acceleration was driven mainly by the domestic exchange rate and local hedging demand rather than a move in the global ounce price.

According to Donya-e-Eqtesad and Ecoiran (Saturday, August 22, 2026), gold and coin prices in the Tehran market rose for a second consecutive day. Per Sahmino's own price data, the Emami gold coin reached 204,510,000 tomans at 11:29 a.m. Tehran time, up 2.49 percent from Friday's (30 Mordad) price of 198,700,000 tomans; Donya-e-Eqtesad separately quoted today's Emami coin price at 204,500,000 tomans, consistent with Sahmino's figure. Eighteen-karat gold rose 3.32 percent over the same period to 20,512,000 tomans per gram. Ecoiran described the increase as "sharp." The back-to-back gains in Tehran extend a rally in global spot gold, which traded above $4,500 an ounce on Friday and was on track for a third consecutive weekly gain, a move Ecoiran linked to the US Treasury's expanded debt buyback program and a weaker dollar.

The price of Iran's new-design Emami gold coin reached 195,500,000 tomans in Tehran's free market on Wednesday, August 19, 2026 (28 Mordad 1405). According to price tracker AlanChand, that is up 3,500,000 tomans, or 1.82 percent, from yesterday's 192,000,000 tomans. Based on the coin's intrinsic gold value (calculated from a $4,363 global ounce and a 189,900-toman free-market dollar), its premium stood at only about 0.46 percent at that hour. Separately, Donya-e-Eqtesad reported that Tehran Stock Exchange gold funds drew roughly 23,200 billion tomans in net retail inflows by 14:30 Wednesday, a sign of growing small-investor appetite for gold-linked assets as the benchmark index approaches the 6-million-point mark.

Live rates from tgju.org show the full Emami gold coin rose 1.5 million tomans (0.79 percent) from the previous day to reach 192.01 million tomans at 19:59 Tehran time on Tuesday, August 18, 2026 (27 Mordad 1405). The Tehran Gold and Jewelry Union, cited by Ecoiran, likewise reported an upward price table for gold and coins on Wednesday, August 19. The coin's premium closed Tuesday's session near zero, around 185,000 tomans, indicating the recent price gains have not yet drawn a speculative wave of buying.

According to Donya e Eqtesad, the Emami gold coin traded higher at around 11:28 a.m. today, Monday, 26 Mordad 1405 (August 17, 2026), reaching 189,300,000 tomans. An 18 karat gold gram also rose at the same time to 19,077,600 tomans. The figures reversed this morning's trend, as Tehran's Gold and Jewelry Union had earlier reported in its morning bulletin that the Emami coin fell to 188,700,000 tomans and 18 karat gold to 19,026,800 tomans a gram. Live data from TGJU confirmed the rise, recording an intraday high of 19,104,100 tomans for 18 karat gold. The global gold ounce had reached 4,391 dollars this morning.

According to tgju.org, the premium on Iran's Emami gold coin, the gap between its market price and intrinsic value based on gold content and the dollar rate, jumped 14.4 million rials, or 51.67 percent, from the previous day to reach 42,270,000 rials (about 4,227,000 tomans) in Tuesday's trading, August 11, 2026 (20 Mordad 1405). At the same time, the Emami coin's own price rose 1.6 percent (2,980,000 tomans) to 189,485,000 tomans, while the single unit retail price reached 190,490,000 tomans. By Wednesday morning, August 12 (21 Mordad), tgju.org's live feed confirmed the premium holding at roughly the same level. The jump coincided with a rebound in the free market dollar rate and a rise in the global gold price over the same window. Tgju's own market commentary noted that part of the coin and currency market remains uncertain the political calm will hold, keeping many traders cautious.

According to an analysis published by TGJU on Monday, 19 Mordad 1405 (August 10, 2026), the Emami gold coin jumped sharply to about 189 million tomans in the prior session, but the gain proved short lived: increased supply and selling pressure pushed the price back to around 185 million tomans, returning the market, per the report, to the middle of its recent multi-week trading channel of 180 to 190 million tomans. Separately, according to data recorded on Sahmino as of 17:49 today, the Emami coin's bubble (the gap between its market price and intrinsic gold value) fell 17.92 percent (5.4 million tomans) from the prior reading to about 30.13 million tomans. TGJU attributed the shrinking premium and the market's cooling momentum to rising political optimism around news of talks to reopen the Strait of Hormuz, which has eased safe-haven demand for gold and coins.

According to Ecoiran, published Sunday, 18 Mordad 1405 (August 9, 2026), Tehran's gold and currency market stayed range-bound the same day that news on Strait of Hormuz reopening talks turned contradictory: the dollar edged down toward the 185,000 toman channel, the Emami coin hovered near 186 million tomans, and a mesghal of melted gold traded around 81.1 million tomans. Sahmino's own live price data at 19:59 the same day put the dollar at 1,856,000 rials (185,600 tomans) and the Emami coin near 187 million tomans. The rare development on Sunday, per Ecoiran, was that during trading the half-coin's premium over intrinsic value was estimated as negative for a time, an uncommon occurrence; the Emami coin's premium fell to around negative 2 percent and the melted gold mesghal's premium to around negative 3.7 percent, meaning some grades traded below their intrinsic value. Sahmino's own live data confirms a sharp intraday drop in the Emami coin's premium: after standing above 38 million rials in recent days, it fell 27.5 percent to 27,870,000 rials by 19:59 Sunday. Separately, so called "travel-note" trades, which had gained traction in free-market dollar-note trading since the first week of Ordibehesht, reached the gold market too on Sunday, according to Ecoiran, with some traders swapping gold for US dollar travel banknotes.

The price of Iran's Emami gold coin rose in the Tehran market on Saturday, August 8, 2026 (17 Mordad 1405). According to a Donya-e-Eqtesad report published at 07:47 that morning, the Emami coin was trading higher at around 190 million tomans. Sahmino's own live price data at 11:28 the same day put the Emami coin at 189,515,000 tomans, up 2.43 percent (4,495,000 tomans) on the day, with the single unit retail Emami coin at 190,520,000 tomans, up 2.41 percent. Notably, the coin's speculative premium, locally called the "hobab" or bubble, fell sharply: it stood at 2,118,000 tomans, down 568,000 tomans, or 26.82 percent, from the previous reading. At the same time, domestic 18 karat gold rose 2.26 percent to 189,981 tomans a gram, while global gold ticked up only 0.14 percent to $4,343.43 an ounce, a gap suggesting today's rise in Iran's coin and gold prices is driven mainly by domestic factors rather than the global gold market.

According to rates announced by the Tehran Gold and Jewellery Union for Thursday, 15 Mordad 1405 (6 August 2026), the new design full Bahar Azadi coin, known as the Emami coin, rose to 185,500,000 tomans. The half coin traded at 94,500,000 tomans and the quarter coin at 52,700,000 tomans, while the one gram coin held unchanged at 27,000,000 tomans. In the gold market, a gram of 18 carat gold rose to 18,588,200 tomans and a mesghal of gold to 80,520,000 tomans. The global gold ounce was quoted at $4,242 in the same report, up $51 from the previous day. Sahmino's own live price data recorded the Emami coin near 185,000,000 tomans and 18 carat gold at about 18,578,200 tomans over the same window.

The price gap between the old design and new design full Bahar Azadi gold coins, which at times exceeded 10 million tomans, had narrowed to a range of 3 to 4 million tomans in the days up to Tuesday, 13 Mordad 1405 (August 4, 2026), according to a market survey. Nader Bazrafshan, head of the Tehran Gold and Jewellery Union, said the gap between the two coin types was wider in the closing months of last year but has come down to a few million tomans in recent months. He said much of the difference stemmed from the mehrieh (marriage settlement): many older marriage contracts recorded only the phrase "Bahar Azadi coin" without specifying the design, so some courts treated the Emami coin (the new design) as the benchmark while others accepted the old design coin. Bazrafshan added that judicial practice has shifted considerably in recent months and that in most cases the old design Bahar Azadi coin is now also accepted in settling a mehrieh, which has raised demand for the old design coin and narrowed the price differential between the two. Gold market participants say the change reflects more than supply and demand or market volatility, with reduced legal ambiguity in enforcing the mehrieh also playing a part.

Iran's gold and coin market traded lower on Monday 3 August 2026 (12 Mordad 1405). The Emami coin changed hands at 183.5 million tomans and the Bahar Azadi coin at 180 million tomans. The half coin was quoted at 94.4 million tomans, the quarter coin at 52.4 million tomans and the gram coin at 27 million tomans. In the bullion and jewellery market, a gram of 18 carat gold was quoted at 18,281,100 tomans and a gram of 24 carat gold at 24,372,000 tomans. A mithqal of gold was priced at 79,190,000 tomans in the Tehran market, while the global gold ounce stood at 4,067 dollars on the same day. The Emami coin premium, the gap between its market price and its gold content, was reported at 2,117,000 tomans on the day, higher than the previous day, while the Bahar Azadi premium fell to 1,978,000 tomans. The half coin premium was 3,092,000 tomans and the quarter coin premium 7,043,000 tomans.

Tehran's gold and coin market fell in trading on Sunday 2 August 2026 (11 Mordad 1405), with the full gold coin shedding more than 3.5 million tomans. The Gold and Jewellery Union put the world gold ounce at $4,044 for the day. On the union's quoted rates, one gram of 18 carat gold was priced at 18,278,000 tomans and one gram of 24 carat gold at 24,369,000 tomans. In the coin market, the new design full coin traded at 183,500,000 tomans, the old design at 180,000,000, the half coin at 94,300,000, the quarter coin at 52,300,000 and the gram coin at 27,000,000 tomans. Sahmino's own prices page recorded the Emami coin at 183,990,000 tomans, down 2.18 percent, and the free market dollar at 191,200 tomans, down 1.31 percent, as of 17:39 the same day. The main driver cited for the fall in coins was the decline in the free market exchange rate, which followed a reduced perceived risk of escalating geopolitical tension in West Asia.

According to the Eghtesad Online price table for Sunday 2 August 2026 (11 Mordad 1405), the premium, or bubble, on the quarter coin reached 7,391,000 toman, against 3,522,000 toman on the Emami coin and just 888,000 toman on the Bahar Azadi coin. The half coin premium was put at 3,288,000 toman. The same figures are confirmed by the latest rates recorded in Sahmino's own price feed. On prices, Eghtesad Online quoted the Emami coin at 187,000,000 toman, while live market data at 09:50 Tehran time the same day showed 188,000,000 toman, so the Emami coin traded in a 187 to 188 million toman range on Sunday 11 Mordad. The quarter coin changed hands between 52,600,000 and 53,500,000 toman. The same report put a gram of 18 carat gold at 18,666,700 toman, a mesghal of gold at 80,860,000 toman and spot gold at 4,043 dollars an ounce. A higher premium on the smaller pieces than on the full coin typically reflects demand from small investors meeting limited supply in those denominations.

The head of the Tehran Gold and Jewellery Union said on Saturday 1 August 2026 (10 Mordad 1405), in remarks to ISNA, that Iran's domestic gold and coin market rose over the past week even as the global price fell. Nader Bazrafshan said the gold ounce dropped 19 dollars from the start of the week to Saturday, reaching 4,043 dollars, but a rising exchange rate pushed the domestic market up. According to the figures given, a mesghal of 17 carat gold gained 2,220,000 toman to 81,300,000 toman, and a gram of 18 carat gold rose 514,000 toman to 18,770,000 toman. The new design Bahar Azadi (Emami) full coin gained 4,800,000 toman to 187,800,000 toman, while the old design coin rose 4,500,000 toman to 184,500,000 toman. The half coin gained 1,100,000 toman to 95,300,000 toman, the quarter coin gained 1,000,000 toman to 53,300,000 toman, and the Central Bank one gram coin rose about 100,000 toman to 27,500,000 toman. The coin premium over its gold content reached about 4,600,000 toman over the same period, 100,000 toman wider than a week earlier.

Tehran's gold and coin market rallied sharply on the fourth day of the week, Wednesday, 29 July 2026 (7 Mordad 1405). According to Eghtesad Online, by 17:00 Tehran time the new-design gold coin had risen more than 3.6 million tomans from the previous day to 187.2 million tomans. On Sahmino's price feed, the last recorded quote for the Emami coin as of 19:59 the same day was 187.985 million tomans, up 2.17%. The Bahar Azadi coin was recorded at 184.09 million tomans, up 2.24%, and a gram of 18-carat gold at 18.81 million tomans, up 2.56%. The rally came on a day when the free-market dollar rose 1.74% to 193,500 tomans, meaning gold and coin moved faster than the currency. Spot gold traded between $4,020 and $4,043 an ounce over the same hours.

Tehran's coin market gave back the previous day's gain on Tuesday, 28 July 2026 (6 Mordad 1405). In the 17:40 Tehran time update, the full Emami coin stood at 184,000,000 tomans, down 1,500,000 tomans or 0.81 percent from Monday 5 Mordad's 185,500,000 tomans. Sahmino's own price board recorded the Emami coin at 183,990,000 tomans, down 0.82 percent, at 17:39 the same day. According to the daily archive of the Gold and Currency Information Network, the Emami coin had closed Monday, 5 Mordad, at 185,495,000 tomans, up 2.21 percent. Its 24 hour range was 181,500,000 to 185,500,000 tomans. The decline reached the whole coin family: the Bahar Azadi at 180,000,000 tomans, down 0.55 percent, the half coin at 94,500,000 tomans, down 1.05 percent, and the quarter coin at 53,000,000 tomans, down 1.85 percent. At the same hour, however, a gram of 18 carat gold was 0.74 percent higher at 18,348,000 tomans. What distinguishes this session is the divergence between coins and bullion. The Emami coin's premium (the gap between its market price and the intrinsic value of its gold content) narrowed to 3,020,000 tomans, or 1.67 percent, while the quarter coin's premium remained at 16.63 percent. The two external drivers pulled in opposite directions: at 17:40 spot gold stood at $4,022.34 an ounce, down 1.46 percent, and silver at $56.84, down 2.90 percent, while the free market dollar on Sahmino's board at 17:39 rose 1.55 percent to 190,915 tomans. Gold's price in Iran is the product of the global ounce and the free market dollar rate; the falling ounce and the rising dollar largely cancelled each other out, and what pushed coins lower was the compression of the premium after Monday's jump.

Iran's coin and gold market fell on Sunday, 26 July 2026 (4 Mordad 1405). According to Tejarat News, the market lost support levels at the open and turned lower, with the coin shedding about 3,300,000 tomans during the day, though part of the decline was pared back later in the session. On Sahmino's price board as of 13:39 on Sunday, 4 Mordad, the Emami coin was down 2,975,000 tomans, or 1.64 percent, at 181,505,000 tomans, while the Bahar Azadi coin was 1.83 percent lower at 176,665,000 tomans. The standout of the day was the collapse in the Emami coin's bubble: the gap between its market price and its intrinsic value, based on the weight of gold it contains, fell nearly 64 percent to about 2,120,000 tomans. A shrinking bubble usually signals that speculative demand is cooling, and it came alongside the drop in the open-market dollar rate.

Iran's domestic gold and coin market went through a second consecutive declining session on Sunday, 26 July 2026. In the 11:35 Tehran time update, the full Emami coin was down 2.44 percent at 180 million tomans and the Bahar Azadi coin down 2.22 percent at 176 million tomans. Sahmino's own price board recorded the Emami coin at 180.005 million tomans, down 2.49 percent, as of 11:29. At the same hour, a gram of 18-carat gold traded down 1.74 percent at 17.822 million tomans and a mesghal of melted gold at 77.2 million tomans. The half-coin was recorded at 93 million tomans, down 1.06 percent, and the quarter-coin at 52 million tomans, down 1.89 percent. The decisive feature of this session is that the declines had nothing to do with the world market: at the same hour spot gold stood at $4,052.91 an ounce, effectively unchanged with a 0.01 percent gain, and silver at $58.17, unchanged. The entire domestic move therefore came from the currency side, with the free-market dollar retreating to 187,000 tomans the same day. Gold's price in Iran is the product of the global ounce and the free-market dollar rate, so when the ounce holds still, the change in domestic prices is purely a reflection of the currency market.

The full Emami gold coin fell on Saturday, 25 July 2026 (3 Mordad 1405), in step with bullion. In midday trading (around 11:30 Tehran time) the Emami coin traded near 184 million tomans, about 2.5% (roughly 4.5 million tomans) below last week's close. The coin fell more than the metal itself: beyond the retreat in the global ounce and the cheaper free-market dollar, the coin's premium (the gap between its market price and the intrinsic value of its gold content) also compressed. Such premium adjustments typically occur on days when speculative demand for coins eases.

The gold and coin market eased slightly in Wednesday's session (22 July 2026) compared with the previous day. According to market reports, the Emami coin (new design) traded around 184 million toman, the old-design (Bahar Azadi) coin near 180.5 million toman, the half-coin about 94 million toman, the quarter-coin around 52.5 million toman, and the gram coin about 27 million toman. These levels were a touch below Tuesday's (21 July) close, when the Emami coin had traded near 186 million toman. In Wednesday's late-day trading most coin pieces pulled off the day's lows and changed hands above their opening rates. Domestic gold and coin prices continue to track two variables: the global gold ounce and the exchange rate.

Tehran's gold and coin market reversed its morning slide on the evening of Tuesday, 21 July 2026. The Emami coin climbed about 1.6 percent back toward 185 million tomans, after retreating to around 182 million tomans earlier in the day. A gram of 18-karat gold rose about 1.5 percent to nearly 18.45 million tomans. The quarter coin edged up to around 52.8 million tomans, while the half coin traded near 94 million tomans. As gold and the dollar rose, the Emami coin's premium (the so-called bubble) narrowed markedly, easing to around 5 million tomans. The evening rebound in the domestic market was driven mainly by the higher free-market dollar rate and the swing in the global gold ounce near the 4,000 dollar area. Sahmino's live figures on its prices pages confirm the same rebound.

The half Bahar Azadi gold coin fell to 94.4 million tomans and the quarter coin to 53.5 million tomans in Tehran's free market on Friday, July 10, 2026 (19 Tir 1405). The declines came alongside a drop in the full Emami coin to 180 million tomans and a pullback in 18-karat gold, extending the week-closing downturn in Iran's gold and coin market. Domestic coin prices continue to track both the free-market dollar rate and the global gold price.

The Emami gold coin fell to 180 million tomans in Tehran's free market on Friday, July 10, 2026 (19 Tir), retreating after nearing a 182 million toman peak the previous day, Thursday 18 Tir. According to EcoIran, 18 karat gold (750) traded at 17,867,000 tomans per gram and 24 karat gold at 23,821,000 tomans on the same day. The Bahar Azadi coin changed hands at 176,500,000 tomans, and the Emami coin's bubble premium eased to 5,101,000 tomans. Taadol newspaper separately reported the same 180 million toman price for the Emami coin that day.

The full Emami gold coin in Tehran rose 1,520,000 tomans from the previous day to reach 182,010,000 tomans on Thursday, July 9, 2026 (18 Tir), crossing the 182 million mark for the first time. According to Tabnak, the half coin rose 1,490,000 tomans to 95,000,000 tomans and the quarter coin rose 500,000 tomans to 54,500,000 tomans, while the gram coin was unchanged at 27,000,000 tomans. The rise in the dollar rate and global gold price, along with political and security risk from the escalating Iran-US conflict, were cited as the main drivers of the jump.