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Global Gold Rises Over 1 Percent Above $4,400 as Tehran Gold and Coin Prices Ease on Firmer Rial

Aug 11, 2026

Gold coins and 18-karat gold at a Tehran gold market shop (archival)
Gold coins and 18-karat gold at a Tehran gold market shop (archival)Archive photo · Source: Mehr News

According to Ecoiran, reporting early Tuesday, 20 Mordad 1405 (August 11, 2026), citing Tehran's Gold and Jewelry Union, global spot gold rose to $4,410 an ounce. Separate data from TGJU recorded global gold at $4,414.36 an ounce over the same window, up $25.59, or more than 1 percent, from the previous day and about 4 percent higher than a week earlier. Tehran's domestic gold and coin market did not track the move, however, with every listed item posting a decline: Tehran's benchmark gold rate fell to 80,990,000 tomans, 18-karat gold to 18,696,700 tomans, and the new-design Bahar Azadi coin to 186,000,000 tomans, all down from the prior session. Ecoiran attributed the domestic market's divergence from the global gold rally mainly to the falling free-market dollar rate in Tehran, which posted its fifth consecutive daily decline on Monday to reach a one-month low.

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Ecoiran

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