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Online gold trading platform Milli Gold said that as of noon on Sunday, October 4, 2026 (12 Mehr 1405), it had settled 6,588 billion tomans of user withdrawal requests filed since September 11 (20 Shahrivar). According to ArzDigital, the figures show 453,000 requests successfully settled, 167,000 still in the settlement queue, and 247,000 canceled by users, with funds from canceled requests returned to users' wallets and available for repurchasing gold. Milli Gold added that over the past 30 days it has carried out more than 7,000 billion tomans in rial settlements and delivered more than 36 kilograms of physical gold to users. The announcement follows an earlier dispute between the platform and regulators: Milli Gold had asked Iran's Supreme National Security Council to lift restrictions on access to its gold vault, a claim the Central Bank denied, with FARAJA's economic security police also calling it legally baseless on September 1 (9 Mehr).

Brig. Gen. Hossein Rahimi, head of Iran's economic security police, said on the sidelines of the third online platforms conference that, per a directive from Tehran's prosecutor, judicial action against websites publishing false or bubble gold prices began today, Monday, October 5, 2026 (13 Mehr 1405). He said repayments to customers of one troubled gold bullion platform began one to two days ago and that the issue is being resolved with the platform's managers, judicial authorities and police. Rahimi also urged the public to verify a gold platform's official licensing before investing.

China imported about $158.8 billion worth of gold in the first eight months of 2026, a 65 percent jump over the full-year total for 2025 (about $96.5 billion), Mehr News Agency reported Monday, October 5, 2026 (13 Mehr 1405), citing the Financial Times. China brought in more than 1,000 tonnes of gold in the period, already surpassing all of last year's roughly 886-tonne total. Analysts point to two main drivers: geopolitical risk and weak returns from China's domestic housing and stock markets. Part of the jump may also reflect a June change to China's gold import licensing rules that gave banks more incentive to use their import quotas. China remains the world's largest gold producer, mining about 384 tonnes last year, meaning its imports are now more than double domestic output.

HSBC, Britain's largest bank, has again lowered its average 2026 gold price forecast, now to $4,490 an ounce from a prior estimate of $4,560; its 2027 forecast was also cut, to $4,825 from $4,925, ArzDigital reported Monday, October 5, 2026 (13 Mehr 1405). HSBC attributed the revision to a greater chance of continued US Federal Reserve tightening, elevated bond yields, and rising oil prices tied to Middle East tensions. Even so, gold kept rising in the short term: global spot gold gained about $11 to trade near $4,153 to $4,161 an ounce Monday, according to Donya-e-Eqtesad and live market data, while 18-karat gold in Tehran rose about 0.7 percent to roughly 26.5 to 26.6 million tomans a gram. HSBC said it does not see a bearish long-term outlook for gold despite the lower targets, citing continued central-bank buying as a key support.

According to ISNA, as carried by Donya-e-Eqtesad, Iran's Currency and Gold Exchange Center announced its 157th gold bullion auction will be held on Tuesday, 14 Mehr 1405 (October 6, 2026). Applicants must deposit a margin of 50 billion rials (5 billion tomans) per bar, hold a valid business license registered on the National Licensing Portal, and comply with the Exchange Center's directive No. 10. Eligible buyers include wholesale gold bullion sellers, gold jewelry manufacturers, melted gold retailers, and online gold and jewelry platforms, with each applicant capped at 25 bars per calendar week.

The price of the Emami gold coin in Tehran's market rose on the morning of Sunday, 12 Mehr 1405 (October 4, 2026), reaching 271.9 million tomans, according to Donya-e-Eqtesad, which recorded the trade at 11:08 am local time. Two other sources corroborated the rise: Tgju.org, in the same window, quoted the coin's live price at 271.96 million tomans, up 20.9 million rials from the previous day, and put its weekly gain versus Monday, 6 Mehr, at 10.11 percent, while Alanchand.com listed the new-design Emami coin at 273 million tomans. The figures mark a continued rise from Saturday 11 Mehr's 263.8 million tomans, moving in step with the free-market dollar's climb.

Iran's National Union of Virtual Businesses said in a statement published Saturday, Mehr 11, 1405 (October 3, 2026), that it was responding to recent controversy surrounding one online gold sales platform, stressing that one company's conduct should not be generalized to all licensed businesses in the sector. The union said it is pursuing the matter with the platform in cooperation with regulatory bodies until customers' claims are resolved. It also said its own online, real time oversight system, ready since Ordibehesht 1404 (April to May 2025) but blocked from operating by some executive bodies' objections, will go live in the coming days, with active gold and precious metals platforms gradually connected to it for continuous, real time monitoring.

According to Donya-e-Eqtesad, the Emami gold coin jumped to 263.8 million tomans on Saturday, October 3, 2026 (Mehr 11, 1405), with the half coin rising to 137.5 million tomans and the quarter coin to 74.5 million tomans, while the one gram coin held steady at 37 million tomans. Sahmino's own live feed recorded the Emami coin near 265.73 million tomans at 11:29 local time, up 2.05 percent on the day, with its premium over gold content at about 11.58 million tomans. The jump came alongside a rising free market dollar and a firmer global gold price.

According to a US Bureau of Labor Statistics report released Friday, October 2, 2026, the US economy added just 29,000 jobs in September, well below forecasts of 90,000 and following a downwardly revised gain of 133,000 in August. The unemployment rate rose to 4.2 percent, while annual wage growth slowed to 3.0 percent, its weakest level since May 2021. The soft data reduced the odds of a Federal Reserve rate hike at its October meeting: money markets are now pricing in a near 20 percent chance of a hike this month, while the probability of a December hike remains above 80 percent. Global gold, reacting to the report, traded at 4,126.43 dollars an ounce on Friday, down 1.23 percent from the previous day, though still up 6.17 percent from a year earlier.

According to Mehr News Agency, the spot gold price edged only slightly in Friday, 10 Mehr 1405 (October 2, 2026) trading, standing at 4,184.45 dollars an ounce. Spot gold has fallen more than 2 percent so far this week and is on track for its second consecutive weekly decline. The weekly pullback comes after global gold briefly touched near 4,220 dollars an ounce earlier in the week. Sahmino's own data shows the gold ounce price at 4,186.34 dollars as of 11:34 Tehran time today, up about 0.26 percent from the previous reading. Gold's recent swings continue to track Federal Reserve rate expectations, the strength of the US dollar, and geopolitical tensions in the Middle East.

Iran's police information center said on Thursday, October 1, 2026 (9 Mehr 1405) that allegations made by online gold trading platform Milli Gold against the performance of FARAJA's economic security police are legally baseless. According to Khabaronline, citing Mehr, the economic security police said monitoring online gold selling platforms to prevent short selling, money laundering and other economic crimes is a statutory duty, and that all actions taken followed decisions of a special task force including the police, the prosecutor's office and other oversight bodies, after repeated prior warnings to the platform's managers. The statement follows a letter Milli Gold sent to Iran's Supreme National Security Council on Saturday, September 26, 2026 (4 Mehr), asking for restrictions on users' access to its gold vault to be lifted, a claim the Central Bank had already denied on Sunday, September 27 (5 Mehr). Police said judicial pursuit of the case continues and asked media and citizens to follow updates only through official and judicial sources.

Tehran's gold and coin market rose again on Thursday, October 1, 2026 (9 Mehr 1405), extending a multi day rally. According to Mehr News Agency (reported at 13:16), 18 karat gold reached 25,596,800 tomans per gram and the new design coin reached 259,400,000 tomans. Live data from price tracker tgju.org showed the Emami coin climbing to around 260 million tomans and 18 karat gold nearing 25,600,000 tomans per gram by 15:00 the same day, while global spot gold traded around 4,170 to 4,180 dollars an ounce in the same window. The rise came as the US dollar eased slightly in global markets.

On Wednesday, September 30, 2026 (8 Mehr 1405), a batch of US economic data, including the PCE inflation gauge, private payrolls, second quarter GDP revisions and household income and spending, drew market attention to the path of Fed interest rates. According to EcoIran, monthly PCE inflation came in softer than expected, and combined with a rise in consumer spending, this eased some concern over inflationary pressure; in response, the US dollar weakened while gold and stocks rose. According to TGJU, gold hit an intraday high of 4,217.88 dollars an ounce today, after touching a daily low of 4,166.48 dollars. Alanchand data showed gold had pulled back to around 4,160 dollars an ounce by 7:30 p.m. Tehran time, up 0.36 percent on the day, while Sahmino's own price data put it at 4,154.87 dollars at the same hour, down 0.46 percent from the previous close.

Nader Bazrafshan, head of the Tehran Gold and Jewelry Union, told Mehr News Agency on Monday, 28 September 2026 (6 Mehr 1405) that the new-design (Emami) gold coin had risen 4.5 million tomans to 247 million tomans, and the old-design (Bahar Azadi) coin had risen by the same amount to 241 million tomans. He said one gram of 18-karat gold was up 492,000 tomans at 24,484,000 tomans, the half coin was priced at 125.5 million tomans, the quarter coin at 67.6 million tomans and the one-gram coin at 35 million tomans, while the coin's premium over its gold value had widened to 7.4 million tomans. Bazrafshan attributed the rise to a roughly 10,000-toman increase in the unofficial-market dollar, even as, he said, the global gold ounce had fallen $144 after the weekend to $4,153. He said the market was not in turmoil and urged people to wait before trading while prices are volatile. Sahmino's own data at 16:00 on Monday likewise show the Emami coin at about 247 million tomans, up 2.7 percent on the day, the free-market dollar at about 243,900 tomans and the gold ounce at about $4,155.

Gold fell below $4,200 an ounce in Asian trading on Monday, 6 Mehr 1405 (September 28, 2026), hitting its lowest level since August 5, according to FXStreet. Trading Economics put the price at $4,199.13, down 2 percent, while Sahmino's own price data showed $4,197.22, down 2.09 percent, as of 8 a.m. Tehran time. According to FXStreet, the Federal Reserve's hawkish signals earlier this month and bets on another rate hike in October have kept US bond yields near multi-year highs, while geopolitical uncertainty has supported the dollar. Trump's rejection of Iran's proposal to reopen Hormuz has kept oil prices elevated, reinforcing expectations of continued tightening. Markets this week await the Fed's preferred inflation gauge and US jobs data. According to Trading Economics, gold has lost 5.45 percent over the past month but is still 9.54 percent higher than a year ago; its all-time high of $5,608.35 was set in January 2026.

The subscription for Hira, a gold-backed investment fund on the Iran Mercantile Exchange, closed after raising 1 hemat (1,000 billion tomans). According to Boursenews on Sunday, 27 September 2026 (5 Mehr 1405), the fund issued one billion units, of which 10 million were premium units and 990 million ordinary units. Secondary trading in the units will begin once the fund is registered on the exchange's funds market. With Hira, the number of gold funds on the Iran Mercantile Exchange reaches 36. The exchange's own news outlet, IME Report, had also listed the registration of Hira as the 36th gold fund among the week's main events in its weekly round-up on Friday, 25 September (3 Mehr).

The Central Bank of Iran issued a statement on Sunday, 27 September 2026 (5 Mehr 1405) responding to a letter published by an online gold trading platform about "removing barriers to accessing assets and releasing gold held in bank vaults," which had been recirculated on social media. The central bank said that, contrary to claims made on some channels, the letter contained no name, direct request or claim addressed to the central bank, and that attributing it to the bank was "false" and aimed at misleading public opinion. The bank gave no details on whether that platform's users can access their holdings.

The Iran Exchange Center for Currency and Gold said on Sunday, 27 September 2026 (5 Mehr 1405) that its 156th gold bullion auction will be held on Tuesday, 29 September (7 Mehr), with registration open until midnight on Monday, 28 September (6 Mehr). Applicants must deposit a guarantee of 50 billion rials (5 billion tomans) per bar and hold a valid business licence registered on the National Licensing Portal. Bullion wholesalers, gold jewellery manufacturers, melted-gold retailers and online gold platforms are eligible to bid, and each buyer may purchase at most 25 bars in one calendar week.

Tehran's gold and coin market rose on Sunday, 27 September 2026 (5 Mehr 1405). According to Mehr News Agency, the new-design Emami coin gained 1.391 million tomans on the previous day's average to reach 239.4 million tomans, and a gram of 18-karat gold traded at 23,883,900 tomans. The old-design coin was priced at 235.1 million tomans, the half coin at 122.9 million and the quarter coin at 65.1 million, while the Tehran mazneh (the benchmark for melted gold) reached 103.46 million tomans. The main driver was a rise of about 2,000 tomans in the free-market dollar, which traded around 235,000 tomans; the global gold price held near $4,285 an ounce because international markets were closed for the weekend. Donya-e-Eqtesad also reported the Emami coin at 239.1 million tomans at midday. The gains came a day after gold and coin prices slipped on Saturday, 4 Mehr.

Tehran's gold and coin market moved lower on Saturday, September 26, 2026 (4 Mehr 1405). According to Sahmino's recorded prices as of 16:00 Tehran time, a gram of 18-karat gold fell 1.11 percent to 23,860,000 tomans and the Emami coin dropped 0.85 percent to about 238 million tomans. The Bahar Azadi coin lost 1.31 percent to 233 million tomans. Mehr News Agency's midday report the same day put 18-karat gold at 23,893,000 tomans a gram, the new-design coin at 238,600,000 tomans and the Tehran mesghal quote at 103,500,000 tomans. The free-market dollar in Sahmino's data eased 0.48 percent to 233,500 tomans, while spot gold ended Friday, September 25 at about $4,285 an ounce.

According to Boursenews, in a report published on Thursday, 2 Mehr 1405 (September 24, 2026), the Securities and Exchange Organization's fund supervision center issued preliminary approval for Tavoos Khavarmianeh Investment Bank to set up an exchange traded investment fund based on commodity certificates of deposit in the gold category. Under the approval, the fund's size is set at a minimum of 50 million and a maximum of 500 million investment units, each with a nominal value of 10,000 rials. Gold funds are among the most popular gold investment vehicles on Iran's capital market; separately, the Iran Mercantile Exchange cut the holding cap for institutions in gold bullion certificates from today, though gold based funds are exempt from that cap.

Under a notice from the Iran Mercantile Exchange's derivatives and new financial instruments department, reported by Boursenews citing Tasnim News Agency, the holding cap for legal entities (institutions) in the gold bullion certificate of deposit market falls from 6,000 kilograms to 1,000 kilograms (one million certificates, equal to one ton) from Saturday, 4 Mehr 1405 (September 26, 2026), until further notice. The cap for individuals is unchanged at 400 million certificates, equal to 400 kilograms of bullion. Gold based investment funds and funds licensed as market makers in the instrument are exempt. Holders already above the new cap are not required to sell the excess but cannot increase their holdings through new trades. Gold bullion certificates are one of the main vehicles for gold investment on Iran's capital market, and the change could affect how institutional investors operate in it.

According to Mehr News Agency, in informal trading on Friday, 3 Mehr 1405 (September 25, 2026), the new-design Emami gold coin was priced at 238 million tomans and the old-design coin at 235 million tomans. The half coin traded at 121.5 million tomans, the quarter coin at 64.5 million tomans and the one-gram coin at 33 million tomans. One gram of 18-karat gold was reported at 23,858,500 tomans and the Tehran mesghal benchmark at 103.35 million tomans. These figures sit below the last official market prints on Thursday, September 24: according to TGJU data and prices recorded on Sahmino, the Emami coin closed Thursday at 240.01 million tomans, the half coin at 123 million tomans, the quarter coin at 65 million tomans and 18-karat gold at 24,124,600 tomans per gram. Sahmino's tradable 18-karat gold rate also fell about 0.9 percent to 23,621,100 tomans as of 19:30 Tehran time on Friday. The pullback coincided with a weekly loss for global gold; Mehr put the ounce at about $4,266 on Friday. Tehran's official gold and currency market reopens on Saturday, September 27.

According to Mehr News Agency, gold fell 0.14% to $4,268.55 an ounce in trading on Friday morning, September 25, 2026 (3 Mehr 1405), and is on course for a weekly loss of more than 2% if the trend holds. Silver slipped 0.36% to $63.592 an ounce and is heading for a weekly drop of about 4%. The latest gold rate on Sahmino's price page as of 11:29 Tehran time that day was $4,281.47, up 0.37% on the previous day, meaning the metal recovered part of its morning loss by midday. Mehr cited a stronger dollar and rising US Treasury yields as the main pressures: the 30-year yield reached its highest level since 2004 on Thursday, September 24, and the dollar index stood near a two-month high. Elevated oil prices and stronger-than-expected US economic data have added to concerns about persistent inflation and further rate increases. The global ounce price is one of the two main drivers of gold and coin prices in Iran's domestic market.

Nader Bazrafshan, head of the Tehran Gold and Jewellery Union, told EcoIran at the Isfahan gold and jewellery fair that the rise in gold prices to around 23 million tomans per gram, together with the country's economic conditions, has reduced people's purchasing power and cut demand. He said buyers seeking to spend less have increasingly turned to melted gold, which carries no manufacturing fee. The interview was published on the morning of Thursday, September 24, 2026. Bazrafshan warned that some buyers are not sufficiently aware of the potential risks of buying melted gold, and cited the spread of platforms selling melted gold as a factor behind lower jewellery production and demand. On a proposal to lower the purity of gold jewellery, he said the idea has been raised among officials but remains only a proposal, and that any decision needs infrastructure and planning; options include changing the weight of pieces or adding a new purity grade to the existing standards.

Ghasem Fadavi, director general of Tehran Province's Standards Organization, said on Wednesday, 1 Mehr 1405 (September 23, 2026), that buying or selling gold jewelry without a valid identification code, or with a revoked one, is prohibited. According to ILNA, he said buyers must verify a gold item's ID code before purchase through the SMS inquiry system 10001517. Fadavi added that standards inspectors continue to inspect gold jewelry manufacturers and suppliers across Tehran province. He said since the start of the current Iranian year, ID codes have been issued or renewed for 90 jewelry manufacturing units, bringing the total number of units holding a valid code in Tehran province to more than 1,300.

Global gold prices fell about 1.1 percent on Wednesday, 1 Mehr 1405 (September 23, 2026), trading around 4,312 dollars an ounce, down roughly 47 dollars on the day. Silver fell more sharply, dropping nearly 2.8 percent to the 65 dollar range. Arzdigital, citing Reuters, reported that a stronger US dollar and expectations the Federal Reserve will keep interest rates elevated were the main drivers of the decline, since high rates typically reduce the appeal of non yielding assets like gold and silver. The drop extended a multi day slide in precious metals prices.

The price of an Emami gold coin in Tehran's market fell 2,480,000 tomans, or 1.06 percent, to 235,010,000 tomans by 11:29 local time on Wednesday, September 23, 2026 (1 Mehr 1405). Eighteen karat gold per gram also fell 1.72 percent, or 404,700 tomans, to 23,534,300 tomans. Meanwhile, the Emami coin's "bubble" (the gap between its market price and intrinsic gold value) widened by 1,469,500 tomans to 5,324,500 tomans, indicating the decline in global gold prices outpaced the drop in the domestic coin price. Donya-e-Eqtesad also reported falling gold and coin prices in Wednesday's trading.

Jurrien Timmer, Fidelity's director of global macro, said in an analysis published by ArzDigital on Monday, 1 Mehr 1405 (September 22, 2026), that the firm's global liquidity model points to a range of 5,067 dollars an ounce for gold, implying roughly 17 percent upside from gold's price that day near 4,330 dollars. The forecast is an analyst outlook, not a reported event: gold had earlier retreated to around 4,000 dollars in June and July 2026 after peaking near 5,595 dollars. According to World Gold Council data, gold ETFs posted total net inflows of 18 billion dollars in August 2026, the second largest monthly inflow on record, pushing their combined holdings to a record 4,189 tons and assets under management to 615 billion dollars. The Federal Reserve's Open Market Committee also raised its policy rate by 25 basis points at its September 15 to 16 meeting, a move that typically weighs on gold; Timmer nonetheless argues improving global liquidity and continued gold buying by Asian central banks can support the price.

According to Donya-e-Eqtesad and Arzdigital, Chinese customs data published Tuesday, September 22, 2026 (31 Shahrivar 1405), show the country's gold imports reached about 1,141 tonnes from the start of 2026 through the end of August, the highest level since 2017 and more than all of 2025's imports combined. Donya-e-Eqtesad reported China spent 158.8 billion dollars on gold imports over the period, compared with about 96.5 billion dollars for all of 2025. Analysts attributed the buying to falling global gold prices, a stronger yuan, a weak Chinese property market and low government bond yields. Citing World Gold Council data, Arzdigital reported Chinese gold ETFs have added about 44 tonnes to their holdings since the start of the year, an 18 percent increase, bringing their total to 293 tonnes, while China's central bank bought 20.2 tonnes of gold in August, lifting its official reserves to 2,387 tonnes.

Goldman Sachs cut its fair value estimate for gold at the end of 2026 from $4,900 to $4,650 an ounce, in a note by bank analyst Lina Thomas dated September 18, 2026 (27 Shahrivar 1405) and reported by Arzdigital on Monday, 30 Shahrivar. The adjustment followed a Federal Reserve interest rate hike. The bank kept its $5,400 target for the end of 2027 unchanged, saying higher rates will slow gold's rise rather than end it. The bank said central bank purchases, now running at about 91 tonnes a month versus a pre 2022 average of 17 tonnes, remain the main reason for its bullish view on gold. Thomas warned that a more hawkish Fed path could trigger a sharp price correction.

According to Donya e Eqtesad, the full Bahar Azadi Emami gold coin traded higher today, Sunday, September 20, 2026 (29 Shahrivar 1405), at 240.5 million tomans. Sahmino's own data showed the coin at 240.51 million tomans as of 11:30 a.m. that day, up 1.28 percent (about 3.03 million tomans) from the previous day. Over the same period, the Emami coin's premium over its bullion value narrowed by nearly 1.7 million tomans to around 2.74 million tomans, while the coin's retail price rose 1.26 percent to 241.51 million tomans.

According to a Mehr News report dated September 19, 2026 (28 Shahrivar 1405), 452 kilograms of gold bullion and 5.1 tons of silver bullion were traded on the Iran Mercantile Exchange's commodity deposit certificate market in the week ending September 18, 2026 (27 Shahrivar 1405). The market allows buying and selling gold and silver bullion backed by commodity deposit certificates, and its weekly trading volume is one gauge of investor appetite for precious metals through the official commodity exchange.

According to Mehr News, the head of the Tehran Gold and Jewelry Union said on Saturday, September 19, 2026 (28 Shahrivar 1405) that Iran's domestic gold and coin market rose today alongside a $64 gain in the global gold price and a higher exchange rate. He said the premium on the Emami gold coin narrowed by about 250,000 tomans over the same period. Sahmino's own live data showed global spot gold trading around $4,383 an ounce and the free-market dollar around 230,000 tomans as of 16:00 Tehran time today.

According to Mehr News, citing Reuters, spot gold rose 1.2 percent to $4,378 an ounce in trading on Friday, September 18, 2026, while US gold futures settled 0.6 percent higher at $4,424.90, putting the metal on track for its first weekly gain after four consecutive weeks of losses. Chris Gaffney, president of world markets at EverBank, said falling oil prices eased inflation concerns and supported the rally, even as markets absorbed the Federal Reserve's 25 basis point rate hike to a 3.75 to 4 percent range and the Bank of Japan's rate increase to its highest level in 31 years. In the same session, spot silver rose 2.3 percent to $66.70, platinum gained 2.2 percent to $1,812.50, and palladium rose 1.5 percent to $1,310.20. Sahmino's own price feed recorded spot gold at $4,383.45 and spot silver at $66.24 as of 00:51 today, consistent with the Reuters figures.

According to FXStreet, the global gold ounce rose 1.15 percent to near $4,320 on Thursday, September 17, 2026 (26 Shahrivar 1405), as the rally in oil prices cooled after Saudi Arabia moved to reroute crude cargoes to Asian refiners via ship to ship transfers near Oman's Sohar port. FXStreet, citing Deutsche Bank, reported that the US Federal Reserve's rate hike the same Wednesday, a 0.25 percentage point increase to a range of 3.75 to 4 percent, pushed markets to price in nearly a 50 percent probability of another hike at the October meeting. The upward move continued into Friday, September 18, 2026 (27 Shahrivar 1405); Trading Economics reported the gold ounce up 1.20 percent from the previous day at $4,393.32, and TGJU recorded a similar figure of $4,393.60, up 1.15 percent, with Trading Economics citing a three session decline in oil prices as the main driver. Other precious metals rose in step: silver gained 2.6 percent to $66.94, platinum rose 2.25 percent to $1,817.80, and palladium rose 3.25 percent to $1,332.50 an ounce.

According to Khabar Online, the price of 18 karat gold in Tehran fell 62,000 tomans from the previous day to 23,339,000 tomans on the morning of Thursday, September 18, 2026 (27 Shahrivar 1405). A mesghal of gold also dropped 272,000 tomans to 101,100,000 tomans, while 24 karat gold fell 84,000 tomans to 31,115,000 tomans. The domestic decline came even as the global gold price rose 11 dollars from the previous day to trade near 4,355 dollars an ounce at the same hour; Sahmino's own live data put the global ounce at 4,356.65 dollars, up 0.3 percent, as of 7:59am the same day. The divergence between the falling domestic price and the rising global ounce may reflect movement in the reference exchange rate used to price gold in the Tehran market.

According to a Kitco News report published Wednesday, September 16, 2026 (Shahrivar 25, 1405), the US Commerce Department said retail sales rose 1.2 percent in August from the prior month, beating economists' average forecast of a 0.8 percent increase, and following an unrevised -0.6 percent reading in July. Kitco reported that gold spiked to a session high of 4,353.78 dollars an ounce on the data before settling up 1.10 percent on the day at 4,340.98 dollars. Chris Zaccarelli, chief investment officer at Northlight Asset Management, told Kitco the August retail sales report was excellent and that given the path of inflation and labor market strength, there was no reason the Federal Reserve would not raise interest rates by 25 basis points that same afternoon, a hike the Fed did approve at its meeting that day. Gold kept climbing afterward: according to live data from TGJU, as of 3:59 PM Tehran time on Thursday, September 17, 2026 (Shahrivar 26, 1405), gold was up 2.71 percent from the prior day at 4,373.35 dollars an ounce, while silver rose 4.17 percent to 65.51 dollars an ounce.

The price of one gram of 18 karat gold in Iran's domestic market rose today, Wednesday, September 16, 2026 (25 Shahrivar 1405), to 23.6161 million tomans, according to Donya-e-Eqtesad. Sahmino's own data shows the same level as of 11:29am Tehran time today, with 18 karat gold at 236,133,000 rials (about 23.6133 million tomans), up 1.52 percent on the day. The domestic gold price rise coincided with a jump in global gold prices and escalating tensions in the Strait of Hormuz.

According to EcoIran, on the evening of Monday, September 14, 2026, oil's persistence above $100 a barrel, together with rising market expectations of a Federal Reserve rate hike, pressured global gold and silver; the global gold ounce fell below $4,300 and silver dropped more than 2 percent to $62. Per Sahmino's own price data, by 07:59 Tehran time on Tuesday morning gold had rebounded 0.13 percent to $4,303.58 an ounce and silver had risen 0.17 percent to $63.32 an ounce.

Ahmad Meidari, Iran's Minister of Cooperatives, Labour and Social Welfare, announced on Monday, September 14, 2026 (23 Shahrivar 1405), that retirees can now buy gold in installments at a fixed price. Under the plan, retirees register on the Bank Refah "Zarrin Tamin" platform with their national ID and declare how much gold they want to buy over the next three months; the cost is then deducted from their monthly pension over that period. Meidari said the gold price is locked in from registration until the end of the three month period, so any price increase in that window becomes a gain for the retiree. The purchase ceiling is set according to the central bank's sales authorization. He added that the gold supplied under the plan does not come from bank reserves but from domestic mine output, with proceeds reinvested to expand the country's gold production.

Domestic gold prices in Iran declined today, Sunday September 13, 2026 (22 Shahrivar 1405). According to Donya e Eqtesad, 18 karat gold fell to 23,626,700 tomans per gram and 18 karat gold per mesghal dropped to 102,348,000 tomans, while the global gold ounce price was unchanged from the previous day at 4,348 dollars. Sahmino's own data showed 18 karat gold down 1.47 percent (3,460,000 rials) from the previous day to 235,708,000 rials per gram as of 11:29am today. The drop in domestic gold prices came alongside a parallel decline in the dollar and gold coin prices.

The price of 18 karat gold in Tehran rose on Tuesday, September 8, 2026. According to Donya-e-Eqtesad, the rate reached 23,189,000 tomans per gram at 11:17 local time. Live data from the TGJU financial information network showed the metal up 0.95 percent, about 218,400 tomans, to roughly 23,280,000 tomans by 11:24. Sahmino's own tracked data recorded a similar 0.99 percent rise at the same time, putting 18 karat gold near 23,290,000 tomans, consistent with the reported uptrend.

According to rates published by the Gold and Jewellery Union and carried by Donya-e-Eqtesad on the morning of Tuesday, September 8, 2026 (17 Shahrivar 1405), the global gold ounce rose 20 dollars from the previous day to 4,434 dollars, a level consistent with tgju.org's live data of 4,435.15 dollars at 07:24 Tehran time. Despite that, a gram of 18 karat gold in Tehran's market fell to 23,011,000 tomans and a mesghal of 18 karat gold to 99,680,000 tomans. The Emami gold coin also fell, trading at 229 million tomans, and the half coin at 117 million tomans, while the quarter coin rose to 62,500,000 tomans and the gram coin fell to 33 million tomans. The divergence between the rising global ounce and the simultaneous decline in domestic gold and some coin denominations typically signals a shift in the dollar rate or a narrowing of the premium between gold and coin prices and their intrinsic value.

Tony Kim, Goldman Sachs' global head of metals trading, said on the bank's The Markets podcast, reported by Ecoiran on Sunday, September 6, 2026 (15 Shahrivar 1405), that gold's 2026 rally has hit an extended pause rather than the end of its bull market. He attributed the pause to two short term factors: uncertainty over Federal Reserve policy following Kevin Warsh's nomination to chair the central bank, and the Iran-US war, whose disruption to energy, agriculture and metals markets is also reshaping inflation and central bank reserve flows. Kim said annual central bank gold purchases, previously around 400 to 500 tonnes, have risen to about 1,000 to 1,100 tonnes a year, while annual mine output is roughly 3,500 tonnes, a shift he said absorbs a much larger share of new supply and means a fresh price rally would not require a huge wave of new capital.

According to Donya-e-Eqtesad, citing Kitco News and the World Gold Council's (WGC) latest report, the world's central banks recorded net gold purchases of 23 tonnes in July 2026. Marissa Salim, the Council's senior research manager for Asia-Pacific, said China (20 tonnes, its 21st straight month of buying) and Poland (8 tonnes) led buyers, while the Czech National Bank added 2 tonnes, its 41st consecutive month of purchases. On the selling side, Russia was the month's largest net seller at 6 tonnes, while Turkey, Jordan and Uzbekistan each sold 1 tonne. Year to date, Poland leads with 90 tonnes added, toward a 700 tonne target, and China with 60 tonnes, 8 percent of its reserves, taking its total to about 2,366 tonnes. The Bank of Korea returned to gold for the first time in 13 years with an allocation of about 250 million dollars, nearly 2 tonnes, through gold backed ETFs, while Venezuela has asked the Bank of England to return about 4 billion dollars of its gold reserves. Total announced central bank gold purchases so far this year stand at about 130 tonnes, below the roughly 160 tonnes bought over the same period last year.

Tehran's gold and coin market opened lower on the morning of Sunday, September 6, 2026 (15 Shahrivar 1405), even as global gold edged up slightly to $4,430 an ounce. According to Ecoiran, domestic 18 karat gold fell to 23,447,600 rials, 24 karat gold to 31,260,000 rials, and the Tehran gold quote (mesghal) to 101,570,000 rials, all down from the previous day. In the coin market, half coins fell to 119,500,000 rials, quarter coins to 64,000,000 rials, and gerami coins to 34,000,000 rials, while new design and old design full coins bucked the trend and rose. The pullback came just a day after stocks, the dollar and gold all rallied together in Saturday's trading.

According to Ecoiran, the US Labor Department said on Friday, September 4, 2026 (13 Shahrivar 1405), that US nonfarm payrolls rose by 162,000 in August, far above the 56,000 economists polled by Reuters had expected; the unemployment rate held at 4.1 percent, and June and July payrolls were revised up by a combined 55,000. The labor force participation rate rose to 61.6 percent and annual hourly wage growth was 3.1 percent. The report boosted expectations of a Federal Reserve rate hike at its September 15 to 16 meeting, pushing the two year Treasury yield to 4.37 percent and pulling the S&P 500 down 0.4 percent; spot gold fell more than 1 percent to around 4,427 dollars an ounce and silver fell about 1.1 percent to near 66.1 dollars an ounce. Fed Chair Kevin Warsh had earlier said at Jackson Hole that the US labor market is consistent with full employment and that monetary policy should focus on inflation. Ecoiran wrote that markets are now focused on the September 11 (20 Shahrivar) US consumer price index, which could decide whether a September rate hike becomes the Fed's leading option.

According to Kalakhabar, the Iran Mercantile Exchange's official news outlet, the market value of gold bullion certificates on the exchange (equal to the gold bullion treasury's value) topped 1,000 trillion tomans for the first time as certificate trading opened on the first day of the week, Saturday, 14 Shahrivar 1405; the exchange's total commodity certificate market value also passed 1,200 trillion tomans the same day. A separate Kalakhabar report said gold funds traded more than 10 billion units worth 93.1 trillion tomans, and silver funds traded 5 billion units worth 6.1 trillion tomans, in the week ending 13 Shahrivar. The exchange's derivatives and new financial instruments management also announced that secondary trading began for two new silver investment funds, "Toranj 1" under the ticker Yas and "Padash 1" under the ticker Silva, starting Monday, 16 Shahrivar, from 11:45am to 6pm. Per the notice, trading in both funds is available online through licensed brokers, with a daily price band of 10 percent from the prior day's closing price.

According to Al Jazeera, the Dutch central bank (DNB) said on Wednesday, September 2, 2026 (11 Shahrivar 1405), that it had moved part of its gold reserves from the United States and Canada to the United Kingdom to be, in the bank's words, "better prepared for severe crises." The relocated gold was valued at about 10.11 billion euros (about 11.73 billion dollars) at the end of 2025. The Netherlands holds a total of 612.4 tonnes of gold, worth about 72.2 billion euros (about 83.8 billion dollars), across four locations. Before the move, New York held 31.3 percent of the reserves, now reduced to 18.5 percent, while London's share rose from 18.1 to 32.1 percent. Al Jazeera reported the relocation came as tensions have risen between Europe and the US since the start of the US war in Iran in February this year, with President Donald Trump voicing displeasure at European allies' reluctance to join the war.

According to Ecoiran, gold and coin prices in Tehran's market were announced today, Saturday, 14 Shahrivar 1405 (September 5, 2026). Per the report, 18 karat (750) gold reached 235,188,000 rials a gram and 24 karat gold reached 313,582,000 rials, while one mesghal of gold was priced at 1,018,820,000 rials. Global spot gold was quoted in the same report at 4,477.38 dollars an ounce. In the coin market, the single Emami coin traded at 2,349,900,000 rials and the Bahar Azadi coin at 2,313,400,000 rials. Sahmino's own price data shows 18 karat gold at the exact same figure, 235,188,000 rials, at the same hours. Iran's official currency and gold market is closed on Thursdays and Fridays, so today's rates are the first official rates since the weekend.

According to Ecoiran and ArzDigital, both citing the US Bureau of Labor Statistics, on Friday, 13 Shahrivar 1405 (September 4, 2026), the US economy added 162,000 jobs in August, beating every estimate in a Bloomberg survey; the unemployment rate held at 4.1 percent, the labor force participation rate rose to 61.6 percent from 61.4 percent, and June and July payrolls were revised up by a combined 55,000. Average hourly wages rose 0.3 percent from the prior month and 3.1 percent from a year earlier, the lowest annual wage growth since 2021. Per ArzDigital, citing the Financial Times, immediately after the data's release the odds of a Federal Reserve interest rate hike at its September 15 to 16 meeting rose from about 50 percent to nearly 60 percent, and the two year US Treasury yield climbed to about 4.41 percent. Global spot gold, which had been trading above 4,472 dollars an ounce before the report, fell more than 100 dollars, while bitcoin dropped more than 2 percent within an hour to below 80,000 dollars; more than 200 million dollars in long crypto positions were liquidated within 15 minutes of the data's release.

According to Boursenews, global gold prices held steady on Friday, 13 Shahrivar 1405 (September 4, 2026), ahead of the release of the US nonfarm payrolls report, with spot gold at 4,468.27 dollars an ounce; US gold futures fell 0.6 percent to 4,514.60 dollars. Gold had risen about 2 percent on Thursday after Federal Reserve board member Christopher Waller said he would support holding interest rates steady if the recent slowdown in inflationary pressure continues, remarks that led traders to scale back expectations for a September rate increase. According to Reuters, the CME FedWatch tool put the odds of a Federal Reserve rate hike this month at 50 percent. In other precious metals, silver fell 0.5 percent to 66.59 dollars an ounce, palladium fell about 1 percent to 1,408.75 dollars, and platinum fell 1.5 percent to 1,799.44 dollars an ounce.

According to Donya-e-Eqtesad, Iran's gold and coin market rose on Friday, 13 Shahrivar 1405 (September 4, 2026). Global gold prices were quoted up 17 dollars on the day. In the domestic market, the Emami gold coin traded higher, at 233,500,000 tomans. According to Sahmino's own price data, global gold (XAUUSD) was priced at about 4,470 dollars an ounce the same day, and the Emami coin at about 234,000,000 tomans, broadly in line with the cash market figure reported above. Iran's official currency and gold market is closed on Thursdays and Fridays, so rates on these two days are set based on informal trading and the global market.

Gold rose more than 1% over the 24 hours to Thursday, September 3, 2026, trading around $4,437 an ounce. According to ArzDigital, the gain came ahead of the US nonfarm payrolls (NFP) report, due Friday, September 4 at 16:00 Tehran time, which could shift market expectations for the Federal Reserve's next rate decision. At the time of the report, traders priced in roughly a 63% chance the Fed would raise rates by 25 basis points at its September meeting, while private payroll data released ahead of the NFP showed August hiring came in weaker than expected. Ilya Spivak, head of macro at Tastylive, called the US jobs report the week's most decisive event for gold, saying a hold above $4,400 could open the way toward $4,500 and then $4,700.

According to Ecoiran, the price of 18 karat gold in Tehran's market reached around 23,535,000 tomans a gram on Thursday, September 3, 2026 (12 Shahrivar 1405). Sahmino's own live data showed 18 karat gold at 23,432,000 tomans as of 15:59 Tehran time, up about 2.6 percent from the start of today's trading, while the mesghal (about 4.6 grams) topped 1.014 billion tomans. The domestic rally tracked a rise in global spot gold, which was up 1.39 percent to 4,448.11 dollars an ounce as of 15:58 Tehran time, above this morning's level of 4,428 dollars. Falling US Treasury yields and a softer dollar, alongside an ADP report showing slower US private payroll growth in August, were cited as the main drivers, with markets now watching Friday's US nonfarm payrolls report.

Global spot gold rose 0.94 percent, or $41.33, to $4,428.42 an ounce on the morning of Thursday, September 3, 2026 (12 Shahrivar 1405). According to live data from the gold and currency information network TGJU.org at 07:14 Tehran time, the day's range for the ounce was between $4,382.20 and $4,431.40. Other precious metals moved in the same direction: silver rose 1.13 percent to $66.05 an ounce, platinum gained 0.87 percent to $1,783.10, and palladium rose 0.33 percent to $1,372. Tehran's Gold and Jewelry Union said in its report today that all items in the capital's gold and coin market rose in price. Sahmino's last recorded domestic figures, updated at 19:59 Tehran time on Wednesday, 11 Shahrivar, showed 18 karat gold at 22,835,000 tomans a gram and the Emami coin at 227,990,000 tomans; today's Thursday rates will be updated once the union publishes its official figures. The recent rise in the global ounce has been driven mainly by swings in US Treasury yields and developments in the Iran-US military tension.

US payroll processor ADP said on Wednesday, 2 September 2026 (11 Shahrivar 1405), that private employers added just 38,000 jobs in August, below the roughly 47,000 analysts had expected and down from an upwardly revised 46,000 in July. According to CNBC, it was the smallest monthly job gain since January. Most of the growth came from three sectors, education and health services (45,000), leisure and hospitality (16,000) and construction (12,000), while manufacturing shed 17,000 positions and professional and business services lost 16,000. The government's official nonfarm payrolls report is due Friday, with markets expecting a gain of 53,000 and the unemployment rate holding at 4.1 percent. Following the release, global gold climbed back above $4,360 an ounce in Wednesday trading, recovering from a near one month low touched earlier in the same session, as the dollar index and US Treasury yields pulled back from recent highs. Markets are now awaiting Friday's official jobs report for further clues on the Federal Reserve's policy path, a channel that feeds through the dollar index and the global gold ounce into Iran's own dollar and gold prices.

The Dutch central bank (DNB) said on Wednesday, September 2, 2026 (11 Shahrivar 1405), according to IRNA, citing Bloomberg, that between March and August 2026 it moved about 86 tons of the roughly 313 tons of its gold reserves held in the United States and Canada from New York and Ottawa to London. With the shift, London now holds the largest share of the Dutch central bank's gold reserves. DNB President Olaf Sleijpen said in a statement that the move improves the tradability of the bank's gold reserves and, in response to rising instability and geopolitical tensions, strengthens its readiness for rapid access to the reserves in a crisis. Central bank gold held in London sits with the Bank of England, which holds more than $780 billion worth of gold bullion belonging to other monetary institutions. A few months earlier, the Bank of France had sold gold reserves it held in the United States and replaced them with reserves held in Paris.

The Rose Toranj gold fund posted a 19.9 percent net asset value (NAV) return over the one-month period ending September 1, 2026 (10 Shahrivar 1405), topping the market's large gold funds, a figure Boursenews reported was roughly 10 percentage points above the dollar's 9.7 percent return over the same period. The fund also broke its own trading-value record, with a single day's turnover exceeding 1.2 trillion tomans. Per the report, Rose Toranj's holdings include 434 kilograms of 24-karat gold bullion and 5,500 full-design new coins, held in Iran Mercantile Exchange vaults.

Tehran's gold and coin market, which had opened lower on the morning of Wednesday, September 2, 2026 (11 Shahrivar 1405), reversed course in the afternoon. Live data from tgju.org showed 18-karat gold up 1.84 percent to 226,042,000 rials (22,604,200 tomans) per gram and the Emami coin up 2.02 percent to 225,985,000 tomans as of 15:14 Tehran time, versus a morning low of 22,115,600 tomans per gram for 18-karat gold reported earlier by Ecoiran. Sahmino's own data recorded 18-karat gold at 226,933,000 rials, up 2.24 percent, at 15:59. The reversal tracked the dollar's jump past 220,000 tomans; Arzdigital reported the turn beginning as early as 11:42, with the Emami coin already up 1.33 percent to 224,000,000 tomans.

Tehran's gold and coin market eased across the board on the morning of Wednesday, September 2, 2026 (11 Shahrivar 1405). According to Ecoiran, the global gold ounce fell to $4,296, while Tehran's gold quote dropped to 95,800,000 tomans. Each gram of 18 karat gold traded at 22,115,600 tomans and 24 karat gold at 29,484,000 tomans. In the coin market, the new design coin traded at 221,000,000 tomans and the old design coin at 217,500,000 tomans. The half coin traded at 113,000,000 tomans, the quarter coin at 61,000,000 tomans, and the gram coin at 32,000,000 tomans. Sahmino's own data also showed the global gold ounce at $4,304.29 at 07:46 Tehran time, down 0.57 percent on the day, consistent with the reported pullback. The decline came even as oil prices rose in the same window amid escalating military tension.

Global markets faced a jump in long-term bond yields in the first days of September, driving a wave of selling in global gold and silver. According to Ecoiran, reported Tuesday, 10 Shahrivar 1405 (September 1, 2026), the US 10-year Treasury yield rose 34 basis points to 4.78 percent, its highest level since January 2025. Live data from TradingEconomics at the same hour put the yield at 4.791 percent, consistent with Ecoiran's figure. Japan's 10-year yield reached about 3 percent, its highest in roughly a century, while the UK's 10-year yield climbed to 5.229 percent, its highest since 2008; TradingEconomics reported those yields at 2.996 percent and 5.223 percent respectively. Ecoiran attributed the jump to hawkish remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium and rising market odds, now above 66 percent, for a September Fed rate hike. In the wake of these moves, the global gold price fell more than 1.8 percent to 4,369 dollars an ounce, its lowest level since August 19. Sahmino's own price data at 3:59pm Tehran time showed spot gold down 1.76 percent at 4,370.32 dollars, consistent with Ecoiran's figure. Silver fell more than 3 percent to 64.5 dollars an ounce. US stock index futures also declined, with S&P 500 futures down about 0.6 percent and Nasdaq futures down more than 1 percent.

According to Boursenews and IME Report, trading on the Iran Mercantile Exchange on Sunday, 8 Shahrivar 1405 (August 30, 2026), saw 2,409,750,283 units of gold investment funds change hands, worth 21.2 trillion tomans. Gold funds are instruments for indirect investment in gold whose units trade like shares on the commodity exchange. The high trading volume in these funds in recent days, alongside swings in the global gold price and rising geopolitical risk from the renewed US Iran tensions, points to strong retail investor demand for safe haven assets.

According to Arzdigital, published around 12:13pm on Saturday, 7 Shahrivar 1405 (August 29, 2026), the global gold ounce fell 3.36 percent to 4,455 dollars and the global silver ounce fell 4.49 percent to 66.38 dollars, but Iran's domestic market did not move in lockstep: 18 karat gold fell 0.8 percent per gram to 21,896,210 tomans and the gold mesghal fell the same percentage to 94,850,000 tomans, while the Emami coin eased only 0.13 percent to 217,500,000 tomans, a sign the coin's premium held up better than raw bullion against the global drop. A separate Khabaronline report published the same day said the weekly global gold decline, per the Wall Street Journal, was gold's biggest weekly drop since the week ending 15 Khordad (early June), following a peak of 4,696.18 dollars on Thursday. In the same market, Arzdigital's report put the free market dollar rate at 204,200 tomans at publication time, little changed from the prior day.

According to Reuters, investment funds linked to gold and other precious metals attracted 4.21 billion dollars in the week ending Shahrivar 4, 1405 (August 26, 2026), the highest weekly inflow into these funds in six months. The inflow came as gold and silver prices strengthened in recent weeks. World Gold Council data show physically backed gold ETFs also posted about 3 billion dollars in net inflows in July.

Iran's latest customs data show the weight of gold imported into the country fell about 92.3 percent in the first five months of the current Iranian year compared to the same period last year, dropping from 13 tons to one ton. The dollar value of these imports fell from 1.256 billion dollars in the same five months last year to 97 million dollars this year, a decline of about 1.159 billion dollars. The report notes that the simultaneous drop in weight and value shows the decline is not simply a result of global gold price swings but reflects a sharp fall in the physical volume of gold imported.

Global gold fell to 4,458.89 dollars an ounce on Friday, August 28, 2026 (6 Shahrivar 1405), down 3.08 percent from the previous day and its lowest level in a week. Silver dropped roughly 4 percent over the same span. According to Trading Economics, the decline followed a speech by Federal Reserve Chair Kevin Warsh at the annual Jackson Hole symposium. In his first major address since taking the post in May 2026, Warsh warned that inflation is not meaningfully slowing and that the central bank still has work to do, though he said financial conditions are not currently restrictive. Markets responded by raising the probability of a September rate hike to near 50 percent. Gold has risen 9.66 percent over the past month and 29.27 percent over the past year, with its all time high of 5,608.35 dollars recorded in January 2026. Given the direct link between Iran's domestic gold and coin market and the global ounce price, the drop could weigh on Tehran's gold and coin prices when trading resumes next week.

According to Ecoiran, published Friday, August 28, 2026 (6 Shahrivar 1405), gold has climbed to its highest level in more than three months in recent days, the US dollar has fallen near a multi month low, and bitcoin has risen to around $77,000. The report traces the pattern to the US bond market: long term Treasury yields have stayed elevated, and an expansion of long term bond buybacks by the US Treasury signaled to markets that Washington has grown sensitive to persistently high rates. The pattern is known as a "debasement trade," in which capital moves out of dollar linked assets and into gold, commodities and bitcoin. Per Kitco News, spot gold held in the $4,590 to $4,600 range in Thursday, August 27, 2026 (5 Shahrivar 1405) trading, up roughly 15 percent for the month of August. UBS analysts pointed to a "de dollarization" trade as the main driver and set a price target of $5,400 by next summer, though other analysts, including Forex.com's Fawad Razaqzada, warned the market looks somewhat overbought.

The global gold ounce, which reached $4,633 on the morning of Thursday, Shahrivar 5, 1405 (August 27, 2026), pulled back by midday. According to Donya-e-Eqtesad, published at 11:14 the same day, the ounce fell $23 to $4,597. Tgju.org recorded it at $4,607.90 at the same hour, and Alanchand.com put it at $4,598.06; all three readings show a retreat from the morning's level. Domestic gold and coin rates, however, barely moved: Tehran's gold mesghal stood at about 93,749,000 tomans at 11:39 on Sahmino's own price feed, almost unchanged from the morning's 93,680,000 tomans, and the Emami coin held near 214,000,000 tomans. The reason was a matching dip in the free market dollar rate, which Donya-e-Eqtesad put at 200,360 tomans, still reflecting the central bank's banknote supply operation that has been holding back the dollar rate since Tuesday.

According to the Tehran Gold and Jewelry Union, as reported by Ecoiran on the morning of Thursday, 5 Shahrivar 1405 (August 27, 2026), every domestic gold and coin item rose in price from the previous report. The global gold ounce reached $4,633, and Tehran's gold rate (mesghal) rose to 93,680,000 tomans. Eighteen-karat gold climbed to 21,626,200 tomans per gram and 24-karat gold to 28,832,000 tomans per gram. In the coin market, trading was also higher: the new-design Emami coin traded at 214,000,000 tomans and the old-design coin at 213,000,000 tomans. The half coin reached 109,000,000 tomans, the quarter coin 58,700,000 tomans, and the one-gram coin about 29,000,000 tomans. The rise across gold and coin comes on a day when, per Donya-e-Eqtesad, the Central Bank had been pulling the free-market dollar rate back from above 200,000 tomans since Tuesday through banknote supply operations.

According to Ecoiran, citing the Tehran Gold and Jewelry Union, in trading today, Wednesday, Shahrivar 4, 1405 (August 26, 2026), the global gold ounce rose to 4,657 dollars, but every domestic gold and coin item fell in price, bucking the global trend. Tehran's gold rate (mesghal) reached 93,550,000 tomans, 18 karat gold traded at 21,596,200 tomans per gram, and 24 karat gold at 28,792,000 tomans per gram. In the coin market, every denomination also fell: the new design coin traded at 214,000,000 tomans and the old design coin at 213,000,000 tomans, while the half coin fell to 109,000,000 tomans, the quarter coin to 58,500,000 tomans, and the gram coin to 30,000,000 tomans. The simultaneous drop in domestic prices against a rising global ounce points to the domestic dollar rate pulling back from yesterday's record above 205,000 tomans.

Gold and coin prices rose in Tehran's market on Tuesday, August 25, 2026, even as the global gold price edged lower. According to Donya e Eqtesad, by 11:00am Tehran time 18 karat gold rose to 22,381,000 tomans per gram and 96,950,000 tomans per mesghal, while the Emami coin rose to 222,000,000 tomans; the half coin traded at 113,500,000 tomans, the quarter coin at 61,000,000 tomans and the one gram coin at 32,000,000 tomans. The same report put the global gold ounce at 4,641 dollars, down 6 dollars from the previous day, a modest pullback that stands in apparent contrast with the simultaneous rise in domestic gold and coin prices and may be linked to moves in the domestic exchange rate. Final trading prices for the day will be released after the market closes.

According to Tehran's Gold and Jewelry Union, cited by Ecoiran on the morning of Tuesday, Shahrivar 3, 1405 (August 25, 2026), the gold market fell in its latest update. Global gold hit 4,630 dollars an ounce, and Tehran's gold rate fell to 95,560,000 tomans. Eighteen karat gold traded at 22,060,200 tomans per gram and 24 karat gold at 29,410,000 tomans per gram. The coin market moved in mixed directions: the new design coin rose to 219,600,000 tomans and the old design coin to 218,500,000 tomans, and the one gram coin also gained. By contrast, the half coin fell to 112,000,000 tomans and the quarter coin to 59,500,000 tomans.

Gold and coin prices rose sharply in Monday, August 24, 2026 (2 Shahrivar 1405) trading, Ecoiran reported. The Emami gold coin, which traded around 216 million tomans early Monday morning (per Donya-e-Eqtesad, reported at 8:16 a.m.), climbed later in the day to a high of 2,204,700,000 rials (about 220.47 million tomans), up roughly 43,350,000 rials, or nearly 2 percent, from the previous day, a move independently confirmed by the tgju.org price tracker. A gram of 18-karat gold hit a day high of 224,856,000 rials (about 22.49 million tomans) on the same tracker, up roughly 5,259,000 rials, or 2.4 percent, from the prior day. The rally came alongside a rising free-market dollar rate on the same day.

Ecoiran, citing rates announced by the Tehran Gold and Jewellery Union in a report timed 06:34 on the morning of Monday, 24 August 2026 (2 Shahrivar 1405), put one gram of 18 karat gold at 21,711,600 tomans, 24 karat gold at 28,945,000 tomans and the Tehran mithqal at 94,050,000 tomans. The same report listed the new design coin at 216,000,000 tomans, the old design coin at 214,500,000 tomans, the half coin at 111,500,000 tomans and the quarter coin at 59,500,000 tomans. Tgju.org recorded the gram of 18 karat gold at 217,464,000 rials the same morning, and put that 12.65 percent, or 24,424,000 rials, above the 193,040,000 rials recorded on Tuesday, 18 August 2026 (27 Mordad 1405). The session high that morning was 221,626,000 rials. The rial price of domestic gold is the product of two variables: the global ounce and the free market dollar rate. Both rose over the past week, and that simultaneous move explains the pace of the domestic increase.

Global gold extended last week's rally in early trading on Monday, 24 August 2026 (2 Shahrivar 1405), reaching its highest level since mid May. Kitco, updated at 00:08 New York time the same day, showed a rate of 4,632.20 dollars an ounce. Trading Economics, in a live reading on 24 August, recorded the ounce at 4,641.17 dollars, up 0.73 percent, and Sahmino's own price board showed 4,634.72 dollars, up 0.59 percent, at 07:38 Tehran time. The main driver cited is market concern over US fiscal sustainability after an unexpected expansion of the Treasury's long dated bond buyback programme, which has pushed yields and the dollar lower. The dollar index stood at 98.854 in the Trading Economics live reading, roughly unchanged on the day but down 2.64 percent over the month. Markets are now waiting on US personal consumption expenditures inflation data and Federal Reserve Chair Kevin Warsh's Jackson Hole address. Neither had been released or delivered at the time of publication. The global ounce is the main reference for pricing gold and coins in the Tehran market.

Iran's Currency and Gold Exchange Center announced its 154th gold bullion auction will be held for gold industry participants on Tuesday, Shahrivar 3, 1405 (August 25, 2026). According to Donya-e-Eqtesad, citing the Young Journalists Club, applicants have until midnight tonight, Monday, Shahrivar 2 (August 24), to register. Participation terms include a deposit of 50 billion rials (5 billion tomans) per bar, a valid business license registered on the National Licensing Portal, and compliance with the Exchange Center's directive No. 10. Eligible buyer categories are wholesale gold bullion sellers, gold jewelry manufacturers, melted gold retailers, and online melted gold and jewelry platforms; each buyer may purchase a maximum of 25 gold bars per calendar week.

According to the Tehran Gold and Jewelry Union, as reported by Ecoiran on the morning of Sunday, Shahrivar 1, 1405 (August 23, 2026), every domestic gold and coin item rose for a third consecutive day, even as global spot gold eased slightly to 4,603 dollars an ounce. Eighteen karat gold reached 21,469,200 tomans a gram and 24 karat gold reached 28,622,000 tomans a gram today; the 18 karat rate is up about 4.7 percent from Saturday's 11:29 a.m. level of 20,512,000 tomans, per Sahmino's own price data. In the coin market, the new design Emami coin reached 209,500,000 tomans and the old design coin 206,000,000 tomans; the half coin traded at 106,500,000 tomans, the quarter coin at 56,500,000 tomans, and the gram coin at 30,000,000 tomans. The back to back gains in Tehran's gold and coin market extend a multi week rally in global spot gold, which Ecoiran has linked to the US Treasury's expanded long bond buyback program and a weaker dollar.

According to Arzdigital, Ray Dalio, founder of Bridgewater Associates, again stressed the importance of holding gold and bitcoin in an investment portfolio in a post on X after US federal debt passed the $40 trillion mark. He wrote: "I suggest you diversify your assets across asset classes and countries with strong financial statements and balance sheets that are not embroiled in internal political conflicts and external geopolitical conflicts, reduce the weightings of debt assets like bonds, and increase the weightings of gold and some bitcoin." Per Arzdigital, citing US Treasury Department data, total federal debt has risen by about $2.4 trillion in less than eight months. Dalio said allocating 10 to 15 percent of a portfolio to gold is necessary to manage risk during periods of fiscal strain, and while he said he still prefers gold for its long history and high liquidity among central banks, he also described bitcoin as an asset that operates outside conventional debt markets and as a hedge against monetary expansion and heavy government borrowing.

According to Tehran's Gold and Jewelry Union, reported by Ecoiran at 6:36 a.m. Friday, August 21, 2026, gold and coin prices in Tehran rose across the board. 18-karat gold reached 19,929,400 tomans per gram and 24-karat gold hit 26,569,000 tomans. The new-design (Emami) coin priced at 198,700,000 tomans and the old-design coin at 195,900,000 tomans; the half coin traded at 100,300,000 tomans and the quarter coin at 54,500,000 tomans. The driver was a jump in global spot gold, which traded above $4,500 an ounce the same day and was on track for a third straight weekly gain, a move linked to the US Treasury's expanded debt buyback program and a weaker dollar. These figures are slightly higher than last night's report, when 18-karat gold first crossed the 20-million-toman channel and the Emami coin passed 198 million tomans.

According to the Tala va Arz (tgju.org) price network at 23:00 on Thursday, August 20, 2026 (29 Mordad 1405), the price of 18-karat gold reached 19,852,700 tomans per gram, up 4.05 percent (773,000 tomans) from a week earlier. Earlier the same day, at 20:12, Arzdigital reported, citing the Tehran Gold and Jewelry Union's site, that 18-karat gold, up more than 2 percent over the prior 24 hours, was only 50,000 tomans short of the 20 million toman mark, while the Emami gold coin, up more than 4 million tomans, had reached about 198,700,000 tomans; Sahmino's own internal data had recorded the Emami coin at 16:59 Thursday at about 199,540,000 tomans, up 0.77 percent on the day.\n\nPer Arzdigital, the domestic rise came as global gold reclaimed the 4,500 dollar per ounce resistance level. Earlier that same Thursday, global gold had pulled back 0.6 percent to 4,495.69 dollars on investor profit taking, after jumping more than four percent on Wednesday. Market analysts said global gold holding above the 4,500 dollar level would likely keep upward pressure on Iran's domestic gold and coin market.

The spot price of global gold fell 0.6 percent on Thursday, August 20, 2026 (29 Mordad 1405), to 4,495.69 dollars an ounce, after earlier touching 4,525.79 dollars, its highest level since June 2. According to Boursenews, the pullback followed gold's more than four percent jump on Wednesday, as investors booked profits; US gold futures rose 0.2 percent to 4,553.30 dollars in the same session. Ilya Spivak, head of global macro at tastylive, said that after such a large jump, markets need to digest and consolidate the move, and that if prices hold above the 4,400 to 4,500 dollar range, gold's uptrend will likely continue. At the same time, total outstanding US government debt topped 40 trillion dollars for the first time. Edward Meir, an analyst at Marex, said growing concern over US fiscal stability and debt was a positive factor for gold prices. Citing Reuters and the CME FedWatch tool, traders now see a 67 percent probability the Federal Reserve holds rates steady next month against a 33 percent chance of a hike. Among other precious metals, silver rose 0.2 percent to 67.07 dollars, platinum fell 1.3 percent to 1,802.29 dollars, and palladium fell 0.2 percent to 1,328.06 dollars.

Mohammadreza Hajijafari, deputy head of the Business Center at Iran's Ministry of Economy, said in remarks carried by Fars News Agency early on Thursday, 29 Mordad 1405 (August 20, 2026), that around 400 gold sales platforms currently hold licenses, but only about 9 of them are seriously and genuinely active in the market. He said oversight to prevent these platforms from selling gold they do not hold is currently done manually, through inquiries to the cyber police and regulatory bodies, and that the main fix is for the Central Bank to launch its supervisory system as soon as possible; an initial rollout has taken place, though the legal deadline for its completion was Bahman 1404 (February 2026). Hajijafari advised consumers to check for an e trust symbol and registration in Iran's official business information database before buying gold through these platforms.

The global gold price hit its highest level since early June early on Thursday, 29 Mordad 1405 (August 20, 2026), breaking out of a summer lull. According to Arzdigital, gold traded around 4,475 dollars that morning, more than 130 dollars above the prior day's dip, and went on to touch about 4,507 dollars. Analysts attributed the jump to the US Treasury's liquidity support announcement and a simultaneous weakening of the dollar. Data from Alanchand.com, updated shortly after, showed global gold trading around 4,499.97 dollars. Sahmino's own data recorded the global gold ounce rate at 07:29 Thursday at 4,499.88 dollars, down 0.45% from the prior day, indicating the metal eased slightly after its brief move above the 4,500 dollar level.

Investment firm Wells Fargo has cut its gold price forecast for the third time in 2026. According to Arzdigital, the firm now expects gold to trade between $4,900 and $5,100 an ounce by year end, down from its previous forecast of $5,300 to $5,500. Its 2027 target was also cut, to $5,400 to $5,600 from $5,800 to $6,000. In February 2026, Wells Fargo had set a 2026 target of $6,100 to $6,300, expecting Federal Reserve rate cuts and continued central bank buying to support gold, but the Fed did not cut rates and central bank gold purchases slowed. Gold, which hit a record near $5,594 in January, has corrected in the months since, trading around $4,397 on August 18 (27 Mordad). Wells Fargo cited rising US Treasury yields, a stronger dollar, profit taking after the earlier sharp rally, outflows from gold ETFs, expectations of tighter Fed policy, and temporary selling by some central banks as the main drivers of the correction. Even so, the firm's new target remains above gold's current global market price.

Global precious metals markets rallied sharply on Wednesday, August 19, 2026 (28 Mordad 1405). According to Arzdigital, gold rose about 3 percent to near $4,490 an ounce ahead of the release of the Federal Reserve's July meeting minutes, while silver jumped 4 percent to $65.60. The gold to silver ratio fell from 68.5 to 67.9. CME FedWatch data showed the odds of a Fed rate hike, previously at 82 percent, falling to 30 percent following weaker than expected mid August consumer inflation data, while the real yield on 10 year US Treasuries fell to 2.41 percent, reducing the opportunity cost of holding gold. According to Trading Economics, gold's rally continued through Wednesday evening Tehran time, reaching $4,511 an ounce, up 4.06 percent on the day and its highest level since early June. Analysts point to Fed Chair Kevin Warsh's speech at the Jackson Hole symposium on August 28 and the US August jobs report on September 4 as the next catalysts for the rate path.

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.

According to Boursenews, published on Tuesday, 18 August 2026 (27 Mordad 1405, at 13:55 local time), Bahador Borhan, investment deputy at Torang Investment Advisory, said the assets under management of the company's «Zar Torang» gold fund have surpassed 1 trillion tomans. The growth was announced after Boursenews previously reported that Torang's total assets under management across all of its funds, ranging from fixed income to equities, had grown 130 percent over the past year to top 100 trillion tomans.

According to Boursenews, published on Tuesday, 18 August 2026 (27 Mordad 1405) at 14:48 local time, global spot gold fell 0.5 percent to about 4,450 dollars an ounce as regional tensions escalated and oil prices rose. Per Sahmino's own recorded data, the decline continued, with the ounce reaching 4,395.16 dollars by 15:29 local time, while the same Boursenews report put Brent crude at 91.54 dollars a barrel. Separately, Trading Economics reported earlier the same morning that global gold had fallen 0.4 percent to about 4,399 dollars an ounce. Market analysts attribute the rise in oil prices to persistent geopolitical risk around the Strait of Hormuz, which in recent days has involved the halting of several tankers and a reported maritime incident.

According to Donya-e-Eqtesad, published on Tuesday, 18 August 2026 (27 Mordad 1405), citing rates from Iran's Gold and Jewelry Union, the Emami coin traded higher today at 191 million tomans and 18 karat gold per gram also rose. Per Sahmino's own recorded data as of 11:39 local time, the Emami coin reached 1.92 billion rials (192 million tomans), up 0.8 percent from the previous day. The domestic rise came even as global spot gold, per Trading Economics, fell 0.4 percent from the prior day to about 4,399 dollars an ounce. Donya-e-Eqtesad reported the domestic gold and coin rise came alongside a firmer dollar: the official exchange center's dollar rate rose from 155,737 to 156,077 tomans today, while the free market dollar rose to 186,980 tomans. Sahmino's own data put today's dollar rate at 186,800 tomans, up 0.16 percent.

Global gold (XAU/USD) reached $4,427 an ounce on the evening of Monday, August 17, 2026, up about $51.5 (1.2%) from the previous day's close, with an intraday high of $4,427.66. The figures were reported by tgju.org and are consistent with Sahmino's own feed, which showed $4,418 in the same window. Silver also gained in tandem, rising close to 2% to around $65.9 an ounce over the same period. In the domestic market, one gram of 18 karat gold reached about 19,229,200 rial (roughly 19 million 229 thousand toman) today, up about 190,000 toman from the previous day. The rise coincided with a relatively weaker US dollar and rising tensions over the Strait of Hormuz.

According to Bourse News, citing Tasnim News Agency and Reuters, gold prices edged higher on Monday, 26 Mordad 1405 (August 17, 2026), as the dollar weakened and recent economic data reduced expectations for a US interest rate hike next month. Spot gold rose about 0.4 percent to 4,395 dollars an ounce, after hitting its highest level in more than two months last week. US gold futures for December delivery rose 0.3 percent to 4,448.10 dollars, while the US dollar index fell 0.1 percent. Per the CME Group's FedWatch tool, traders now put the probability of a Fed rate hike at the September meeting at 30 percent, down from 47 percent a month earlier; markets are also awaiting the release of the Fed's July meeting minutes on Wednesday. Among other metals, spot silver rose 1.4 percent to 65.53 dollars, platinum gained 0.3 percent to 1,752.36 dollars, and palladium rose 1.6 percent to 1,333.35 dollars.

Tabriz's police commander said on Sunday, 25 Mordad 1405 (August 16, 2026), that officers had discovered an unlicensed gold extraction workshop and more than 4 tons of gold bearing soil in the city. According to Ecoiran, citing Tabnak, Colonel Mohammad Nemati said officers from the 24th Sardroud police station identified the workshop through intelligence work and police operations and arrested two suspects in connection with it. He said the suspects were handed over to judicial authorities after a case file was compiled. Tabriz's police commander added that combating the smuggling of goods, including gold, remains a top priority for the city's police.

Tehran's Gold and Jewelry Union announced today's gold and coin prices for Monday, 26 Mordad 1405 (August 17, 2026). According to Ecoiran, the global gold ounce rose to 4,391 dollars, while domestic prices eased: the mesghal price fell to 82,420,000 tomans, 18 karat gold to 19,026,800 tomans a gram, and 24 karat gold to 25,366,000 tomans a gram. Live data from TGJU separately confirmed the global gold ounce's rise to about 4,391 dollars, a gain of about 0.35 percent. In the coin market, the new design (Emami) coin fell to 188,700,000 tomans and the old design (Bahar Azadi) coin to 186,700,000 tomans. The half coin was priced at 95,800,000 tomans, the quarter coin at 52,000,000 tomans and the gram coin at 27,000,000 tomans; all figures were down from the previous day.

Iran's Currency Exchange Center will hold its 153rd gold bullion auction on Tuesday, 27 Mordad 1405 (August 18, 2026). According to EcoIran, citing the Currency Exchange Center, the registration deadline for applicants runs until midnight tonight, Monday, 26 Mordad 1405 (August 17, 2026). Under the announced terms, each applicant must deposit 50 billion rials (5 billion tomans) in guarantee funds per gold bar and must hold a valid business license registered on Iran's National Licensing Portal. Eligible buyer categories include wholesale gold bullion sellers, gold jewelry manufacturers, melted gold retailers, and online melted gold and jewelry platforms. Each buyer may purchase a maximum of 25 gold bars per calendar week.

According to Boursenews, the net asset value of gold funds active on the Iran Mercantile Exchange crossed 700,000 billion tomans (700 trillion tomans) on Sunday, 25 Mordad 1405 (August 16, 2026), a historic record. Thirty five gold funds are currently active on the exchange, trading under tickers including Miras, Dafineh, Gholak Gold, Mehr Gold, Zarniran, Hamian, Negin Fars, Jam, Rozgold, Golda, Riton, Zargar, Dorna, Roz Toranj, Emerald, Goldis, Zomorod, Ghirat, Atash, Derakhshan, Zarvan, Lian, Tabesh, Javaher, Alton, Nab, Ganj, Nafis, Zarfam, Mesghal, Kahroba, Ayar, Gohar and Zar. Boursenews described the growth as a sign of strong investor confidence in transparent, exchange traded gold funds. The record was set on a day when, per Gold and Jewelry Union data, Tehran's gold and coin market was broadly lower.

Iran's gold and coin market was broadly lower on the morning of Sunday, 25 Mordad 1405 (August 16, 2026), according to the Tehran Gold and Jewelry Union. Global spot gold stood at $4,376 an ounce, while in the domestic market the Tehran gold rate (mesghal) fell to 82,470,000 tomans, 18-karat gold traded at 19,038,000 tomans per gram and 24-karat gold at 25,381,000 tomans per gram. In the coin market, the new-design Emami coin traded at 189,500,000 tomans and the old-design coin at 188,000,000 tomans. Separately, Sahmino's own market data show the Emami coin's bubble (the gap between its market price and intrinsic value) fell to about 3,625,000 tomans on the evening of Saturday, 24 Mordad (August 15), down 16.6 percent, or roughly 602,000 tomans, from the previous day, a sizable narrowing of the coin's premium in the free market.

According to Bourse News, the global gold ounce rose about 1 percent to $4,376 in recent trading and was on track for a roughly 0.9 percent weekly gain. US gold futures also closed up 0.4 percent at $4,437.3. Jim Wyckoff, a market analyst at the American Gold Exchange, attributed part of the rise to a 0.3 percent drop in the US dollar index. The report said the CME Group's FedWatch tool showed markets now price a 33 percent probability of a Federal Reserve rate hike at the September meeting, down from 55 percent a week earlier. Arzdigital, citing Reuters in a separate report, said spot gold resumed its upward trend after a brief bout of profit-taking and steadied near $4,353, while December-delivery gold on Comex rose 0.3 percent to $4,435 an ounce.