Newsroom
Short, verified market news summaries; every item names its source and publication date.
Stronger Than Expected US Jobs Report Pushes Gold and Stocks Lower; Markets Now Watch September 11 Inflation Data
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.
Ecoiran
Gold Bullion Treasury Value on Iran Mercantile Exchange Tops 1,000 Trillion Tomans as Two New Silver Funds Begin Trading
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.
Kalakhabar, IME's official news outlet
Dutch Central Bank Moves $10 Billion of Its Gold Reserves From the US and Canada to the UK
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.
Al Jazeera
18 Karat Gold in Tehran Reaches 235,188,000 Rials Today, Saturday
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.
Ecoiran
US August Jobs Growth Beats Forecasts; Gold and Bitcoin Fall as Fed Rate Hike Odds Rise
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.
Ecoiran
Global Gold Steady Ahead of US Jobs Report, on Track for a Weekly Gain
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.
Boursenews, citing Reuters
Gold and Coin Prices Rise Friday, September 4; Emami Coin at 233.5 Million Tomans
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.
Donya-e-Eqtesad
Gold hits $4,437 as markets await US jobs report
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.
ArzDigital
18-Karat Gold Passes 23 Million Tomans in Tehran Market
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.
Ecoiran
Global Gold Climbs to $4,428 Thursday, Tehran Union Reports Gains Across the Board
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.
Ecoiran
US Private Payrolls Growth Slows to Weakest Since January; Global Gold Rebounds Above $4,360
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.
CNBC
Dutch Central Bank Moves Part of Its Gold Reserves From the US and Canada to Britain
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.
Donya-e-Eqtesad, citing IRNA and Bloomberg
19.9 Percent in a Month: Rose Toranj Gold Fund Breaks Trading-Value Record
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.
Boursenews
Gold and Coin Reverse Morning Decline as Dollar Jumps
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.
Arzdigital
Global gold and Tehran's coin market ease despite Iran-US military tension
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.
EcoIran
Bond Yields Surge in US, Japan and UK; Global Gold Falls 1.8 Percent to 4,369 Dollars
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.
Ecoiran
Gold Fund Trading on Iran Mercantile Exchange Reaches 21.2 Trillion Tomans
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.
IME Report
Global Gold Falls More Than 3 Percent as Tehran's Emami Coin Shows More Resilience
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.
Arzdigital
Gold Funds Attracted $4.21 Billion in a Single Week
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.
Arzdigital
Iran's Gold Imports Plunged From 13 Tons to One Ton Over Five Months
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.
Bourse News
Gold Drops 3 Percent as Fed Chair Warsh Strikes Hawkish Tone at Jackson Hole
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.
Trading Economics
Gold at a Three Month High and the Dollar Near a Multi Month Low as Analysts Point to a "Debasement Trade"
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.
Ecoiran
Global Gold Ounce Retreats From Thursday's Morning High as Tehran's Domestic Rates Hold Steady
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.
Donya-e-Eqtesad
Gold and Coin Prices Rise in Thursday's Opening Trading; Global Ounce at $4,633
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.
Ecoiran, citing the Tehran Gold and Jewelry Union
Despite a Higher Global Ounce, Gold and Coin Prices Fell in Tehran Trading Today
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.
Ecoiran, citing the Tehran Gold and Jewelry Union
Gold and Coin Prices Rise in Tuesday's Trading
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.
Donya-e-Eqtesad
Tehran gold market fell while new and old design coins rose
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.
EcoIran, citing Tehran Gold and Jewellery Union
Gold and Coin Prices Jump Sharply in Today's Trading
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
The Gram of 18 Karat Gold Is Up 12.65 Percent in a Week
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.
Ecoiran
Global Gold Reaches Its Highest Level Since Mid May
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.
Kitco
154th Gold Bullion Auction Set for Tuesday, Shahrivar 3, at Iran's Exchange Center
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.
Donya-e-Eqtesad, citing Young Journalists Club
Gold and Coin Prices in Tehran Rise for a Third Straight Day; 18-Karat Gold Tops 21 Million Tomans
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.
Ecoiran, citing the Tehran Gold and Jewelry Union
Ray Dalio, After US Debt Tops $40 Trillion: Buy Gold and a Little Bitcoin
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.
Arzdigital
Tehran Gold and Coin Prices Rise Friday as 18-Karat Gold Nears 20 Million Tomans
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.
EcoIran, citing Tehran Gold and Jewellery Union
18-Karat Gold Nears 20 Million Toman Mark as Emami Coin Tops 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.
Arzdigital
Global Gold Retreats 0.6 Percent on Profit Taking as US Debt Tops 40 Trillion Dollars for First Time
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.
Boursenews, citing Reuters
Deputy Economy Ministry Official: Of 400 Licensed Gold Platforms, Only About 9 Are Genuinely Active and Credible
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.
Donya-e-Eqtesad, citing Fars News Agency
Global Gold Breaches $4,500 for the First Time in Two Months
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.
Arzdigital
Wells Fargo Cuts Its 2026 Gold Price Forecast for the Third Time
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.
Arzdigital
Gold Jumps Nearly 3 Percent Ahead of Fed Minutes Release
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.
Arzdigital
Gold and Silver Retreat Globally as the Dollar Strengthens and Oil Extends Gains
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.
Ecoiran
Zar Torang Gold Fund's Assets Under Management Top 1 Trillion Tomans
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.
Boursenews
Global Gold Retreats as Oil Prices Rise Amid Escalating Regional Tensions
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.
Boursenews
Despite Global Gold's Dip, Tehran's Coin and Gold Prices Rise Today on a Firmer Dollar
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.
Donya-e-Eqtesad
Global gold hits session high Monday evening as the US dollar weakens
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.
tgju.org
Global Gold Rises to $4,395 as Dollar Weakens; Fed Rate Hike Odds Fall to 30%
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.
Boursenews, citing Tasnim and Reuters
4 Tons of Illicit Gold Bearing Soil Seized in Tabriz, Two Arrested
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.
Ecoiran, citing Tabnak
Global Gold Hits $4,391 as Gold and Coin Prices Ease in Tehran Market Today
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.
Ecoiran
153rd Gold Bullion Auction to Be Held at Iran's Currency Exchange Center on August 18
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.
EcoIran, citing Iran's Currency Exchange Center
Gold Funds' Assets on Iran Mercantile Exchange Top 700 Trillion Tomans
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.
Boursenews
Emami Coin Premium Shrinks 16.6 Percent in a Day as Gold and Coin Prices Ease in Tehran
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.
Eco Iran
Global Gold Nears $4,376 as Fed September Rate-Hike Odds Fall to 33%
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.
Bourse News
Gold and Coin Prices Fall in Tehran's Market Today While the Free Market Dollar Holds Steady
According to the Tehran Gold and Jewelry Union, as reported by Ecoiran on Saturday, August 15, 2026 (24 Mordad 1405), every domestic gold and coin item fell in price even as the global gold ounce rose. Tehran's benchmark gold rate fell to 82,310,000 tomans. Eighteen karat gold traded at 19,001,400 tomans a gram and 24 karat gold at 25,332,000 tomans a gram. In the coin market, the new design Emami coin traded at 189,200,000 tomans, the old design coin at 187,000,000 tomans, the half coin at 96,900,000 tomans, the quarter coin at 53,000,000 tomans and the gram coin at 27,000,000 tomans, all lower on the day. According to Alanchand, the free market dollar was little changed from the previous day at 07:35 this morning, quoted at a buy rate of 185,550 tomans and a sell rate of 187,400 tomans.
Ecoiran
Citigroup Keeps $5,000 Gold Target but Waits for a Pullback to Buy
Citigroup said Friday, August 14, 2026 (23 Mordad 1405), according to Arzdigital, that the outlook for the gold market is improving, but after the recent rapid rally a short term correction is likely, and the bank will wait for the market to stabilize before adding to its buy position. The bank said falling short term US Treasury yields, rising inflows into gold ETFs since mid July, particularly in China, and stronger global demand could keep supporting gold's uptrend. Gold has climbed toward a two month high in recent weeks as expectations for further Federal Reserve rate hikes have eased. Citi said the price is now near its three month target of around $4,500 an ounce and continues to see a path to $5,000 within 6 to 12 months, but added that gold's path from here still depends on US economic data and the Fed's coming interest rate decisions.
Arzdigital, citing سیتیبانک
Global Gold Fell, but Tehran's Gold and Coin Market Got More Expensive
According to the latest update from the Tehran Gold and Jewelry Union on Friday, August 14, 2026 (23 Mordad 1405), the global gold ounce declined to $4,325, while every item in Iran's domestic gold and coin market rose in price. The Tehran gold rate climbed to 82,670,000 tomans, 18 karat gold reached 19,084,500 tomans a gram, and 24 karat gold reached 25,443,000 tomans a gram. In the coin market, the new design Bahar Azadi coin rose to 190,000,000 tomans and the old design coin to 187,800,000 tomans. The half coin traded at 97,000,000 tomans, the quarter coin at 53,500,000 tomans, and the one gram coin at 27,000,000 tomans. The divergence between the falling global ounce and the rising domestic market is largely attributed to exchange rate movements in Iran's domestic currency market.
EcoIran, citing Tehran Gold and Jewellery Union
LBMA Mid-Year Survey Sees 2026 Average Gold Price Near $4,604
The London Bullion Market Association (LBMA) forecast in a mid-year survey of 16 professional analysts, conducted Tuesday, August 11, 2026 (20 Mordad 1405), that spot gold will average close to $4,604 an ounce in 2026. According to Kitco News, which published the results on Sunday, August 9 (17 Mordad), the figure comes even though gold repeatedly traded below $4,000 an ounce in July, and is about 12 percent above the metal's actual average for the first seven months of the year ($4,595.75). The highest year-end forecast among respondents was $5,100 and the lowest was $3,879. Of the 16 analysts surveyed, five cited Iran as their primary concern for the gold market, one focused on continued central bank buying, and the rest pointed to the Federal Reserve's policy path and US inflation data. In January 2026 (Bahman 1404), before the outbreak of the Iran-Israel war, the LBMA had projected a full-year 2026 average gold price of $4,741.97, a figure that has since been revised down toward the new mid-year survey's lower estimate as seven months of the year have played out.
Kitco News
US Inflation Eases to 3.4 Percent in July, Global Gold Jumps Above $4,424
According to official US Bureau of Labor Statistics data published by Trading Economics on Wednesday, August 12, 2026 (21 Mordad 1405), the US annual inflation rate eased for a second straight month to 3.4 percent in July, down from 3.5 percent in June. Core inflation also cooled, to 2.5 percent. The monthly Consumer Price Index rose 0.1 percent, driven mainly by a 0.1 percent rise in shelter costs, while gasoline prices fell 2.9 percent. The cooler inflation reading strengthened bets that the Federal Reserve will hold off on further rate hikes and lifted global gold. According to Sahmino's own price tracking, spot gold rose 1.24 percent to $4,424.35 an ounce around 7pm Tehran time, up from about $4,399 earlier the same day. Silver, platinum and palladium each gained more than 1.5 percent. On Wall Street, the S&P 500 rose 0.18 percent to 7,742 points, nearing its record high, while the Nasdaq gained almost 1 percent on strong AI sector earnings.
Trading Economics, citing US Bureau of Labor Statistics
Global Gold Holds Near $4,400 as China's Central Bank Buys for a 21st Straight Month
According to Bourse News, citing Investing.com, spot gold rose 0.7 percent to $4,398.92 an ounce on Wednesday, August 12, 2026 (21 Mordad 1405), while US gold futures gained 0.4 percent to $4,458.62, a move that came alongside rising global oil prices. Tgju.org's own feed put the ounce price near $4,411 the same day. Investors are now awaiting the US consumer price index report due the same day, followed by producer prices on Thursday, both of which could shape the Federal Reserve's rate path. China's central bank added to its gold reserves for a 21st consecutive month in July, buying about 640,000 troy ounces to bring its total holdings to 76.08 million ounces. Tony Sycamore, a market analyst at IG, said gold's recent pullback from around $4,435 reflects profit-taking ahead of the inflation data. He said gold now faces resistance near $4,460, reinforced by the 200-day moving average around $4,495, and would need to clear both levels to open a sustained path toward $5,000.
Bourse News, citing اینوستینگ
18 Karat Gold Enters the 19 Million Toman Channel in Tehran's Market
According to Arzdigital, the price of 18 karat gold in Iran's domestic market crossed the 19 million toman per gram threshold on Tuesday, August 11, 2026 (20 Mordad 1405), extending its upward trend into a new price band. A roughly one percent rise in the domestic dollar rate, together with a rise in the global gold price over the past week and the global ounce entering the 4,390 dollar band, were cited as the main drivers. The Emami gold coin rose 1.5 percent in the same session to around 189 million tomans, nearing the psychological 190 million toman mark. According to Sahmino's live price feed, by that evening (19:59 local time) 18 karat gold had risen 2.15 percent on the day to 192,056,000 rials and the Emami coin 1.6 percent to 1,894,850,000 rials, confirming the continuing upward trend in the domestic gold and coin market.
Arzdigital
Global Gold, Silver and Oil Rise Together as Bitcoin Bucks the Trend, Falling Below $64,000
According to a report by Ecoiran published on the evening of Tuesday, August 11, 2026 (20 Mordad 1405), global financial markets closed higher on the day, though the crypto market came under selling pressure. The global gold price surged from the previous night and climbed to around $4,420 an ounce but failed to hold above $4,400. Silver moved in tandem with gold, rising above $64. Brent crude rose to around $90 a barrel on the day's political headlines before easing back to $88. Bitcoin, by contrast, broke from the broader market trend and fell below $64,000. According to Sahmino's own price feed, spot gold (XAUUSD) stood at $4,368.6 at 23:48 Tuesday night Tehran time, down 0.46 percent from the previous day.
Ecoiran
Chinese Gold ETFs See 14 Straight Days of Inflows, Absorbing a Pullback From a Two Month Global High
According to a report by Arzdigital published Tuesday, August 11, 2026 (20 Mordad 1405), the global gold market pulled back toward $4,399 an ounce on profit taking after touching a two month high near $4,435. Citing Bloomberg data, the report said Chinese gold ETFs have posted 14 consecutive trading days of inflows, their longest streak since March 2026, drawing in more than $1.2 billion in fresh capital over that stretch, with the largest single day inflow reaching $370 million. The report described the buying as a reaction to a 10 percent drop in China's CSI 300 stock index in July 2026, which it said pushed institutional investors toward gold as a liquid, safe haven asset. Silver prices, by contrast, fell 2.3 percent on the day.
Arzdigital, citing Bloomberg
UBS: Gold Could Reach $5,000 an Ounce by First Half of 2027
According to Ecoiran, Swiss bank UBS said in its latest estimate, published by Tuesday, August 11, 2026 (20 Mordad 1405), that the global gold price could reach $5,000 an ounce in the first half of 2027. Sahmino's own price data showed global spot gold at $4,394.64 an ounce as of 3:48pm local time that day. UBS has repeatedly raised its gold price estimates in recent months, though not all of its forecasts have materialized. Iran's 18 karat gold price depends on both the global ounce price and the toman exchange rate; if the global price rises from its current level to $5,000 while the dollar rate holds steady, the base value of domestic gold could rise about 16 percent, though a simultaneous rise or fall in the dollar rate could amplify or offset that effect.
Ecoiran
Global Gold Rises Over 1 Percent Above $4,400 as Tehran Gold and Coin Prices Ease on Firmer Rial
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.
Ecoiran
Tehran Gold and Coin Prices Trend Lower Monday; Emami Coin at 185.8 Million Tomans
According to the Tehran Gold and Jewelry Union's figures, published by Ecoiran on the morning of Monday, 19 Mordad 1405 (August 10, 2026), Tehran's gold and coin market trended mostly lower in the day's update. Global spot gold traded at $4,327 an ounce in the same hours; the Tehran gold rate stood at 80,900,000 tomans, 18 karat gold at 18,675,900 tomans a gram, and 24 karat gold at 24,898,000 tomans a gram. In the coin market, the new design coin traded at 185,800,000 tomans, the old design coin at 184,500,000 tomans, the half coin at 94,500,000 tomans, the quarter coin at 52,500,000 tomans and the gram coin at 28,000,000 tomans, all down from the previous day. According to Sahmino's own live price data, the Emami coin's bubble (premium over intrinsic value) had fallen more than 27.5 percent from the day before to about 27,870,000 tomans by the close of Sunday, 18 Mordad, trading (19:59 Tehran time).
Ecoiran, citing Tehran Gold and Jewellery Union
Global gold holds above $4,300 as weak US jobs data cuts Fed rate-hike odds
According to Kitco News, the US Bureau of Labor Statistics said on Friday, August 7, 2026 (16 Mordad 1405), that the US economy unexpectedly lost 23,000 jobs in July, well short of forecasts for a roughly 85,000 gain. June's figure was revised down to 20,000 from 57,000, and May's to 63,000 from 129,000, though the unemployment rate unexpectedly fell to 4.1 percent from 4.2 percent. Global spot gold jumped about 3 percent immediately after the report, trading between $4,363 and $4,368 an ounce. According to Trading Economics data, gold traded at $4,325.53 an ounce on Monday, August 10 (19 Mordad), down a slight 0.41 percent from the previous day, still above the $4,300 mark and equal to a gain of more than 7 percent for the week. Sahmino's own gold price feed recorded a similar move, at $4,324.65, as of 05:48 Tehran time on Monday. Per the CME FedWatch tool, odds of a quarter-point Federal Reserve rate hike in September jumped to around 50 percent right after the jobs report, and by Monday had eased further to about 44 percent, according to Trading Economics. Gold held its weekly gain even as oil prices climbed on continued uncertainty over reopening the Strait of Hormuz. Given the large weight of gold and coins in Iranian households' asset holdings, swings in US interest rates and the dollar directly affect domestic gold and coin prices as well.
Kitco News
Gold Prices Hold Steady in Baghdad and Erbil on Sunday at About 940,000 Dinars per Mithqal
According to Shafaq News, gold prices held steady in Baghdad and Erbil markets on Sunday, August 9, 2026 (18 Mordad 1405), at around 940,000 Iraqi dinars per mithqal (five grams). Per the outlet's market survey, on Baghdad's Al-Nahr Street, 21-carat gold (Gulf, Turkish and European varieties) sold for 937,000 dinars and was bought for 933,000 dinars, unchanged from Saturday. Iraqi 21-carat gold sold for 907,000 dinars and was bought for 903,000 dinars. In jewelry stores, 21-carat Gulf gold sold between 940,000 and 950,000 dinars, while Iraqi gold sold between 910,000 and 920,000 dinars. In Erbil, 22-carat gold traded at 973,000 dinars, 21-carat at 930,000 dinars and 18-carat at 797,000 dinars per mithqal.
Shafaq News
Gold Fund Trading Value on Iran's Commodity Exchange Hits 9.5 Trillion Tomans in a Single Day
According to IME Report, gold investment funds on the Iran Mercantile Exchange traded a combined 1,392,223,750 units on Saturday, August 8, 2026 (17 Mordad 1405), with a total value of 9.5 trillion tomans. Gold funds offer indirect exposure to the metal, and the high trading volume, coming amid rising global gold prices and strong domestic demand for safe haven assets, points to continued investor appetite for the instrument among Iranians.
IME Report
Milli Gold Raises Installment Gold Purchase Ceiling to 1 Billion Tomans and Instant Gold Backed Loan Ceiling to 150 Million Tomans
Iran's Milli Gold said on Sunday, 18 Mordad 1405 (August 9, 2026), that it has introduced installment gold purchases for its users up to a ceiling of 1 billion tomans. According to Donya-e-Eqtesad, the company simultaneously raised the ceiling on its instant cash loans backed by gold collateral from 50 million tomans to 150 million tomans. The company said both services are available without requiring a check or a guarantor, and are designed to create simpler paths to credit access and asset management.
Donya-e-Eqtesad
Gold and Silver Certificates and Funds on Iran Mercantile Exchange See Over 38 Trillion Tomans in Weekly Trade
According to Iran Mercantile Exchange data, in the week ending August 7, 2026 (16 Mordad 1405), the silver bullion deposit certificate market traded 3,136,567 certificates, equal to 3.1 tons of silver, worth 1,263 billion tomans, while silver options saw 156,986 contracts worth 22.5 billion tomans. In gold, 2,370,832 gold bullion deposit certificates, equal to 237 kilograms, traded for 5,800 billion tomans, and gold options saw 79,555 contracts equal to 8 kilograms of gold worth 77.5 billion tomans. Gold investment funds moved 3.797 billion units worth 28,600 billion tomans over the same week, while silver funds moved 2.819 billion units worth 3,000 billion tomans. Combined, these six markets totaled about 38,760 billion tomans in weekly trade.
Iran Capital Market News Agency (SENA)
Global Gold Posts Biggest Weekly Gain in Seven Months on Weak US Jobs Data
Global spot gold rose 2.3 percent to $4,336.02 an ounce in Friday, August 7, 2026 trading, Bourse News reported citing Reuters, while US gold futures gained the same 2.3 percent to settle at $4,399.70; both hit their highest levels since early June and posted weekly gains of more than 7 percent. The rally followed a US Bureau of Labor Statistics report showing nonfarm payrolls fell by 23,000 in July, with June's figure revised down to a decline of 20,000, far below economists' Reuters poll forecast of 80,000 job growth. David Meger, director of metals trading at High Ridge Futures, said the weaker than expected jobs data reduces the odds of a Federal Reserve rate hike. According to LSEG data, the probability the Fed holds rates steady at its September meeting rose to 56.1 percent from 43.2 percent before the report. UBS forecast gold would reach $5,000 an ounce in the first half of 2027. Silver rose 3 percent to $63.29 an ounce, platinum gained 1.1 percent to $1,747.60, and palladium rose 0.8 percent to $1,381.61, with all three metals posting weekly gains.
Bourse News, citing Reuters
China Shifts Part of Its Gold Reserves From London to Hong Kong After 20 Straight Months of Buying
China's central bank is moving part of its physical gold reserves from London to Hong Kong after 20 consecutive months of gold purchases. According to a Bloomberg report carried by Arzdigital on Friday, August 7, 2026 (16 Mordad 1405), Beijing has increased its physical gold holdings in Hong Kong in recent months. Hong Kong launched trial operations of its Precious Metals Central Clearing Company (PMCC) on July 7, 2026 (16 Tir 1405), infrastructure directly linked to the Shanghai Gold Exchange that settles physical gold on a T+1 basis, unlike the London market, which operates mainly on unallocated accounts. Per the same report, China bought about 14.93 tonnes of gold in June 2026, its largest monthly purchase since October 2023, taking its official gold reserves to 2,346 tonnes by the end of June. The World Gold Council said the world's central banks bought a combined 288.9 tonnes of gold in the second quarter of 2026, the strongest such quarter on record.
Arzdigital, citing Bloomberg
China's Central Bank Logs Biggest Monthly Gold Purchase Since October 2023
The People's Bank of China, the country's central bank, extended its gold buying streak to a 21st consecutive month, official data cited by Reuters showed on Friday, August 7, 2026, with purchases rising for a fifth straight month. Reserves climbed to 76.08 million fine troy ounces at the end of July from 75.44 million ounces a month earlier, an increase of 640,000 ounces, or nearly 20 metric tons. The addition was the biggest monthly increase in China's gold reserves since October 2023, when holdings rose by 740,000 ounces. China's central bank, one of the world's largest sovereign gold buyers, has been a persistent support for global gold prices in recent months.
Kitco News (Reuters)
Unexpected US Job Losses in July Push Gold Above $4,350, Dollar to Two Month Low
A US Labor Department report released Friday, August 7, 2026, showed the economy lost 23,000 jobs in July, well short of the roughly 83,000 gain economists had expected, according to CNBC. June's job count was revised down to 20,000 and May's to 63,000. The unemployment rate unexpectedly fell to 4.1 percent from 4.2 percent, though largely because the labor force participation rate dropped to 61.4 percent, its lowest level in more than five years. Following the data, global gold prices jumped about 2.7 percent to above $4,350 an ounce on Friday, a two month high according to Trading Economics, while the US Dollar Index (DXY) fell 0.5 percent to 99.4, near a two month low. CNBC reported that, per the CME Group's FedWatch tool, the odds of a Federal Reserve rate increase at the September meeting fell to 44 percent and to 58.3 percent for October.
CNBC
Gold climbs toward $4,300 an ounce as markets await US jobs report
Gold prices rose on Friday, 16 Mordad 1405 (7 August 2026). According to Khabaronline, citing Reuters, spot gold gained 0.6 percent to reach 4,262 dollars and 39 cents an ounce, while US gold futures rose 0.5 percent to 4,321 dollars and 50 cents; the metal had already touched a seven week high on Thursday. Trading Economics separately put the gold price at around 4,297 dollars on Friday, up 1.35 percent, and Sahmino's own price feed showed the ounce at 4,286 dollars, up about 1 percent, as of 11:27 Tehran time; the gap between the readings reflects the different moments each source captured during the trading day. Matt Simpson, senior analyst at StoneX, said hopes for calm in West Asia have eased inflation expectations and allowed gold to rise again after weeks of consolidation above 4,000 dollars. According to Reuters, the CME FedWatch tool put the odds of a US rate hike at the September meeting at 55 percent, down from 63 percent a week earlier. Trading Economics, citing the Financial Times, also reported that Fed Chair Kevin Warsh would be open to raising rates in September if inflation readings stay elevated in the coming weeks; that report has not yet been confirmed by a second source. Among other precious metals, silver rose 1.3 percent to 62 dollars and 27 cents, and platinum gained 0.5 percent to 1,737 dollars.
Khabar Online, citing Reuters
Gold rallies in Baghdad and Erbil markets as 21 carat gold reaches 920,000 dinars a mithqal
According to a Shafaq News market survey, gold prices in Baghdad and Erbil hovered around 900,000 Iraqi dinars per mithqal (five grams) on Thursday, August 6, 2026 (15 Mordad 1405). On Baghdad's Al Nahr Street, 21 carat gold imported from the Persian Gulf, Turkey and Europe sold for 920,000 dinars and was bought for 916,000 dinars per mithqal, up from 897,000 dinars on Wednesday. Iraqi made 21 carat gold traded in the same market at a selling price of 890,000 dinars and a buying price of 886,000 dinars. In Erbil, 22 carat gold sold for 956,000 dinars per mithqal, 21 carat gold for 914,000 dinars and 18 carat gold for 783,000 dinars.
Shafaq News
Global gold rises for fourth day to seven-week high near $4,265 an ounce
According to Reuters, published by Boursenews on Thursday, August 6, 2026 (15 Mordad 1405), spot gold rose 0.5 percent to $4,265.22 an ounce, its fourth straight day of gains and its highest level in seven weeks. US gold futures rose a similar amount to $4,324.60. The report attributed the rally mainly to a weaker US dollar index and falling Treasury yields amid optimism over reopening the Strait of Hormuz, which has eased pressure on oil prices and reduced the case for further Fed rate hikes; market-implied odds of a September rate hike fell to 55 percent from 67 percent. Tony Sycamore, a market analyst at IG, said a sustained break above the 200-day moving average could open the way to a stronger run toward $5,000. Among other precious metals, spot silver fell 0.1 percent to $62.02, platinum rose 1.2 percent to $1,755.18, and palladium rose 0.8 percent to $1,374.33. According to Sahmino's own data, domestic 18-karat gold also rose 0.33 percent to 186,220,000 rials as of 3:26 p.m. Tehran time on Thursday.
Bourse News, citing Reuters
Gold jumps almost 4% to around $4,240 an ounce, its highest since 18 June
Global gold posted one of its largest single day gains in months on Wednesday 5 August 2026. Kitco data at 12:26 New York time put the bid for an ounce at $4,239.70, with a session range running from $4,064.80 to $4,266.10. Trading Economics recorded the same day at $4,233.70, up 3.82%, and described it as the highest level since 18 June 2026. Futures confirmed the same direction. CNBC data showed the COMEX December gold contract trading at $4,293.30 on Wednesday afternoon, up 3.39%, after a session high of $4,325.50, against the previous close of $4,152.60. Silver moved even more sharply, bid at $61.92 an ounce on Kitco at the same time, with Trading Economics putting its daily gain at 4.04%. Trading Economics attributed the move to easing geopolitical tensions and softer US labour market data: the ADP private sector employment report showed just 44,000 jobs added in July, the weakest reading since January and below forecasts of 70,000. Global gold is the main external anchor for domestic gold and coin prices in Iran.
Kitco
Tehran's 18 carat gold reaches 18,479,000 tomans as the mesghal passes 80 million tomans
Gold prices in the Tehran market rose on Wednesday, 5 August 2026 (14 Mordad 1405). A gram of 18 carat gold reached 18,479,700 tomans and a gram of 24 carat gold reached 24,637,000 tomans. The mesghal of gold passed the 80 million toman mark, quoted at 80,050,000 tomans. Second hand gold traded at 18,086,000 tomans the same day. The main driver was the global market. The gold ounce stood at around $4,162 on Wednesday, compared with a close of $4,064 on the previous trading day, Monday 12 Mordad, a gain of nearly $99. Sahmino's own price data recorded the ounce at $4,157 as of 13:22 on Wednesday, up about 2 percent. The coin market was calmer. The Emami coin traded at around 185 million tomans on Wednesday and the Bahar Azadi coin at 181 million tomans. The half coin was quoted at 94,500,000 tomans, the quarter coin at 52,500,000 tomans and the gram coin at 27,000,000 tomans. Gold and the currency market diverged that day because the rise in the global ounce offset the fall in the free market dollar rate.
Eghtesad Online
Global gold posts a third straight day of gains, with the ounce reaching $4,173
Global gold prices extended their rally on Wednesday, 5 August 2026 (14 Mordad 1405), posting a third consecutive daily gain. According to live data as of 09:56 Tehran time, the gold ounce rose $94.15, or 2.31 percent, to $4,173.53, with the session low recorded at $4,067.24. Silver also gained 3.24 percent to $61.51 an ounce. A weaker dollar and falling oil prices have created a supportive backdrop for gold trading. Over the same window the dollar index was down 0.15 percent at 99.78, while Brent crude traded 0.60 percent lower at $78.91. Investors are simultaneously tracking reports on negotiations to reopen the Strait of Hormuz. Easing inflation concerns along that path could lower the likelihood of a near term Federal Reserve interest rate increase.
Eghtesad Online
Tehran gold turns higher on Wednesday morning as the mithqal reaches 79.75 million toman
Tehran's gold market opened Wednesday, 5 August 2026 (14 Mordad 1405), with across the board gains, reversing the declines seen in the early hours of the same day. The Tehran mithqal rose by 425,164 toman to 79,750,000 toman. A gram of 18 carat gold gained 98,137 toman to 18,410,400 toman, while 24 carat gold rose 130,611 toman to 24,544,000 toman. Over the same window, the Milli online melted gold trading platform quoted a gram of 18 carat gold at 18,383,000 toman. The main driver was a jump in the global gold ounce, which traded in the $4,164 to $4,168 range the same day after rising about $94. Iran's domestic gold market is typically driven by both the global ounce and the exchange rate.
EcoIran
Deutsche Bank puts gold's fair value at about $4,700 an ounce by the end of 2026
Deutsche Bank analysts, in a note carried by CNBC and reported by Iran's IRNA news agency on Wednesday, 5 August 2026 (14 Mordad 1405), estimated gold's fair value will reach about $4,700 an ounce by the end of this calendar year and hold around $4,600 in the fourth quarter. That is more optimistic than the bank's previous forecast, published on 23 June 2026 at the height of inflation concerns. According to the note, the past six months have been difficult for the metal, and gold now sits well below its record high of $5,589.38 an ounce set on 29 January 2026. Even so, the price has doubled since August 2024, and the bank's analysts described the trend of the past two years as explosive. Spot gold stood at $4,061.82 an ounce at the time of writing, with December futures at about $4,119.9. In the same note Deutsche Bank referred to a December 2025 warning from the Bank for International Settlements, which found that the gold market had entered bubble like territory and could face a significant correction. The bank's analysts had earlier cautioned that if the Federal Reserve raises interest rates three or four more times, gold could fall to $3,800 an ounce, because the prospect of higher rates makes yielding assets such as bonds more attractive than gold, which pays no periodic return. These figures are one bank's analytical estimate and not a settled market forecast.
Eghtesad Online, citing IRNA and CNBC
Gold eases in Tehran early on Wednesday 5 August as the mesghal slips to about 79 million tomans
Tehran's gold and coin market moved lower late on Tuesday 4 August 2026 (13 Mordad 1405) and into the early hours of Wednesday 5 August. According to the price table published by EcoIran and updated on Tuesday evening, the mesghal of gold fell to 78,990,000 tomans, a gram of 18 carat gold to 18,235,000 tomans and a gram of 24 carat gold to 24,310,000 tomans, with all four main quotes flagged as declining. The Alanchand service, in an update timestamped 03:55 on Wednesday 5 August, put the mesghal at 78,900,000 tomans and the 18 carat gram at 18,214,140 tomans, figures that differ from the EcoIran data by less than two tenths of a percent. Coin quotes were reported in a range depending on the source: the new design coin at 182,500,000 to 185,000,000 tomans, the Bahar Azadi coin at 179,600,000 to 180,000,000 tomans, the half coin at 93,500,000 to 94,500,000 tomans and the quarter coin at 52,100,000 to 53,000,000 tomans. The global backdrop was a steady ounce: spot gold traded between $4,072 and $4,077 in the early hours of Wednesday 5 August, close to unchanged. Alanchand data at the same hour put the quarter coin premium at 16.25% and the half coin premium at 3.92%.
EcoIran
Gold trading stayed limited in Baghdad on Arbaeen while 21 carat gold in Erbil reached 880,000 dinars a mithqal
According to a Shafaq News survey, gold trading in Baghdad remained limited on Tuesday, 13 Mordad 1405 (August 4, 2026), during the Arbaeen holiday, while in Erbil 21 carat gold traded at around 880,000 Iraqi dinars per mithqal (about five grams). In those Baghdad gold shops that stayed open, imported 21 carat gold from Persian Gulf countries ranged from 870,000 to 880,000 dinars per mithqal, while Iraqi-made gold traded between 840,000 and 850,000 dinars. In Erbil, where markets operated normally, 22 carat gold sold for 916,000 dinars per mithqal, 21 carat gold for 875,000 dinars and 18 carat gold for 750,000 dinars. Arbaeen fell on August 4 this year, marking the 40th day after the martyrdom of Imam Hussein, which draws millions of pilgrims to Karbala each year and ranks among the largest religious gatherings in the world. The gap in activity between the Baghdad and Erbil markets on the day reflects the difference in holiday calendars between the two.
Shafaq News
Emami coin quoted at 184.5 million tomans on 13 Mordad as 18 carat gold rises
According to rates announced by the Tehran Gold and Jewellery Union for Tuesday, 4 August 2026 (13 Mordad 1405), the new design full Bahar Azadi coin, known as the Emami coin, was quoted at 184.5 million tomans, while the old design Bahar Azadi coin was priced at 180.6 million tomans. The half coin traded at 94.5 million tomans, the quarter coin at 52.5 million tomans and the one gram coin at 27 million tomans. In the gold market, one gram of 18 carat gold reached 18,359,600 tomans and one gram of 24 carat gold reached 24,477,000 tomans. A mithqal of gold was priced at 79,530,000 tomans in the Tehran market, and the same report put the global gold ounce at $4,059. The premium, or bubble, on the Emami coin rose from the previous day to 2,117,000 tomans. Tuesday market reports, including one from the daily Donya e Eqtesad, likewise recorded gold and coin prices higher than on Monday, 3 August (12 Mordad). The quotes above refer to the Tehran open market and differ from the rates of the Exchange Centre.
Eghtesad Online
Gold fund turnover on Iran's commodity exchange reaches 8.1 trillion tomans on Sunday 2 August
According to the Iran capital market news agency SENA, a total of 1,127,451,527 gold fund units changed hands on the Iran Mercantile Exchange during Sunday's session on 2 August 2026 (11 Mordad 1405), with turnover reaching 8.1 trillion tomans. Gold based commodity funds are a vehicle for indirect investment in gold. Rather than buying physical coins or bullion, the investor trades fund units on the regulated market and so avoids storage costs and the risk of buying an item of uncertain authenticity. According to a separate SENA report on the same session, gold funds recorded inflows of retail money despite the negative tone of trading, with the value of buy orders exceeding sell orders. Silver funds also saw retail money come in during the same session.
Iran Capital Market News Agency (SENA)
Iran's free-market dollar holds in the 192,000 toman channel as the Emami coin nears 185 million tomans
Iran's gold, currency and coin markets held the previous day's levels in evening trade on Monday, August 3, 2026. The free-market dollar was quoted at 192,880 tomans at 19:59 on Monday, August 3, about 1 percent higher than the day before, while the tavafoqi (agreed-rate) dollar traded at 192,920 tomans. In the domestic market at the same hour, the Emami coin stood at 184,995,000 tomans, up 0.55 percent, and one mesghal of cash-settled melted gold was 79,575,000 tomans, meaning melted gold failed to break into the 80 million toman channel. A gram of 18-carat gold was quoted at 18,382,000 tomans. On global markets, spot gold traded at 4,032 dollars an ounce at 21:22 on Monday, August 3, down 0.3 percent, while Brent crude fell more than 5 percent to around 83 dollars. The drop in oil followed the announcement that talks between Iran and the United States would resume.
EcoIran
Trading value of gold funds on the Iran Mercantile Exchange reached 8.1 trillion tomans on Sunday
According to the Iran Mercantile Exchange, a total of 1,127,451,527 units of gold funds were traded on the exchange in Sunday's session on 11 Mordad 1405 (2 August 2026), with the value of those trades reaching 8.1 trillion tomans. The figure is up from Saturday 10 Mordad 1405 (1 August 2026), when the trading value of gold funds was reported at 7.6 trillion tomans across 1,105,723,398 units. Gold funds listed on the Iran Mercantile Exchange are one of the routes available to retail investors in Iran for investing in gold without holding the physical metal.
Kalakhabar (Iran Mercantile Exchange)
Gold investment demand fell in the second quarter while central bank buying reached 289 tonnes
According to a report published on Sunday, 2 August 2026, spot gold traded at about 4,077 dollars an ounce on 30 July. Weaker investment and jewellery demand, together with higher mine output, has capped the pace of price gains. World Gold Council data show demand for gold bars and coins fell to 307 tonnes in the second quarter, after exceeding 400 tonnes in each of the two preceding quarters. Investment demand excluding over the counter trades fell to 262 tonnes from 487 tonnes a year earlier, driven mainly by outflows from exchange traded funds. Central bank buying, by contrast, reached 289 tonnes in the second quarter, equal to an annualised rate of about 700 tonnes. Mine production rose to 966 tonnes in the quarter from 948 tonnes a year earlier, while recycled supply fell to 326 tonnes from 374 tonnes in the first quarter. On the outlook, analysts at the Swiss bank UBS forecast gold reaching 4,400 dollars by September and 4,600 dollars by December, then 5,000 dollars in March 2027 and 5,200 dollars by June of that year. The analysis warns that with the Federal Reserve holding rates steady at last week's meeting, the short term risk is skewed towards a pullback to around 3,850 dollars. These figures are a forecast, not recorded market outcomes.
Eghtesad Online
The price of 18 carat gold in Iran's market fell on Sunday
Iran's domestic gold market fell on Sunday 2 August 2026 (11 Mordad 1405), a decline recorded on several independent boards. Donya-e-Eqtesad reported the drop the same day and put the price of one gram of 18 carat gold at 18,168,000 toman. The melted gold trading platform Milli showed one gram of 18 carat gold at 18,245,000 toman at 11:55 on Sunday, against a 24 hour high on the same board of 18,722,600 toman and a low of 18,233,000 toman. The traded 18 carat rate carried on Sahmino's prices page stood at 18,494,100 toman at 09:22 the same day, 1.47 percent below the previous day. The differences between these figures reflect different pricing bases (melted gold, the 740 and 750 standards, and the traded rate), but the direction of travel is the same across all of them. The global backdrop was gold's retreat at the end of last week as the dollar firmed; the world ounce traded around $4,040 on Friday 31 July 2026 (9 Mordad 1405).
Donya-e-Eqtesad
Gold fell on Friday as the dollar rebounded, but closed July with its first monthly gain in five months
Global gold prices fell in trading on Friday, 31 July 2026 (9 Mordad 1405), after the dollar rebounded from a more than one month low. According to Reuters, as published by Bourse News, spot gold was down 1.3 percent later in Friday's session at $4,049.83 an ounce, and US futures for August delivery closed down by the same margin at $4,107. In a separate reading from the end of the same day, Trading Economics recorded the ounce at $4,042.97, down 1.47 percent. Despite Friday's fall, July was gold's first rising month in five and its first monthly gain since February. Estimates of the size of that gain differ by source and instrument: Reuters put it at 1.1 percent and Trading Economics at about 0.3 percent. The main driver cited was softer US inflation data, which tempered expectations of a Federal Reserve rate increase. The dollar index had recorded its biggest single day drop since January 2023 on Thursday, 30 July, falling 2.4 percent, and recovered part of that on Friday. A stronger dollar makes gold more expensive for buyers holding other currencies. According to CME Group's FedWatch tool, markets are pricing a 63 to 65 percent probability of a US rate increase at the September meeting. Among other precious metals, silver fell 2.1 percent to $57.76, while platinum and palladium closed the month higher despite Friday's declines. The gold ounce is the main reference for pricing gold and coins in the Tehran market.
Bourse News, citing Reuters
Retail money flowed into Iran's gold funds on Saturday while silver funds saw a small outflow
In trading on Saturday 1 August 2026, gold and silver funds on Iran's capital market saw different money flows. Turnover in gold funds ended the day at 7,638 billion tomans, down 1 percent from the previous trading session, with volume recorded at 1.1 billion units. Net change of ownership in gold funds was positive 719 billion tomans on the day, taking total retail inflows into these funds since the start of the Iranian year 1405 to 54,071 billion tomans. Of the 35 active gold funds, 30 closed the day with a positive return in a range of zero to plus 1 percent, and 22 saw retail money come in. Silver funds, by contrast, turned over 738 billion tomans on the same day, 32 percent more than on Wednesday 29 July, but their net change of ownership was negative 31 billion tomans. Even so, 4 silver funds attracted retail money, and total retail inflows into silver funds since the start of the year reached 16,627 billion tomans.
Eghtesad Online
Iran's gold funds hold net assets around 678 trillion tomans as 582 billion tomans of retail money flows in
According to a report by Iran's capital market news agency Sena covering the week to 9 Mordad 1405 (31 July 2026), the net asset value of gold funds held around 678 trillion tomans while the funds attracted a combined 582 billion tomans of retail money. Turnover in gold bullion deposit certificates also rose over the same week. Over that period spot gold opened the week at 4,077 dollars an ounce, slipped to 4,029 dollars in the early sessions, moved back above 4,100 dollars on Thursday and finished the week at 4,043 dollars, a weekly return of minus 0.45 percent. Silver opened at 58.43 dollars an ounce, rose as far as 59.08 dollars and closed at 57.66 dollars, a weekly return of plus 0.2 percent. In the domestic market, a gram of 18 carat gold opened the week at 18,255,000 tomans, advanced to 18,810,000 tomans and ended the week at 18,665,000 tomans, a weekly return of minus 1 percent. In Sena's assessment, continued retail inflows into gold based instruments during a week of price correction indicate that some investors treated the pullback as a buying opportunity.
Iran Capital Market News Agency (SENA)
Global gold records its first monthly gain in five months with spot at $4,076.53 an ounce
On Friday 31 July 2026, spot gold fell 0.5 percent to $4,076.53 an ounce but was headed for a weekly rise of 0.7 percent and a monthly gain of about 1.8 percent, its first monthly increase in five months. US gold futures for August delivery lost 0.5 percent to $4,079.60. Bargain buying around the $4,000 level was the main support behind the monthly gain. The US dollar index firmed about 0.3 percent the same day, after diving 2.4 percent on Thursday 30 July 2026, its biggest single day drop since January 2023. A stronger dollar makes dollar denominated commodities more expensive for overseas buyers. The Federal Reserve left interest rates unchanged at its meeting on Wednesday 29 July 2026, and Chair Kevin Warsh gave little indication of the central bank's next policy move. According to CME Group's FedWatch tool, markets are pricing in a 63 percent chance of a rate hike in September. Spot silver also fell 0.5 percent the same day, to $58.70 an ounce.
Reuters (منتشرشده در Shafaq News)
Gold rises in Baghdad and Erbil with 21 carat at 866,000 dinars per mithqal on Baghdad's Al Nahr Street
According to a Shafaq News market survey, gold prices climbed in Baghdad and Erbil on Saturday 1 August 2026, with the mithqal, equivalent to five grams, hovering around 860,000 Iraqi dinars. On Baghdad's Al Nahr Street, 21 carat gold of Persian Gulf, Turkish and European origin recorded a selling price of 866,000 dinars per mithqal and a buying price of 862,000 dinars. The same gold had sold for 853,000 dinars on Thursday 30 July 2026. Iraqi 21 carat gold traded at a selling price of 836,000 dinars and a buying price of 832,000 dinars. In jewellery stores, 21 carat Persian Gulf gold ranged between 865,000 and 875,000 dinars, while Iraqi gold sold for between 835,000 and 845,000 dinars. In Erbil, 22 carat gold sold at 900,000 dinars per mithqal, 21 carat at 860,000 dinars and 18 carat at 736,000 dinars. Iraq's gold market matters for Iran because Baghdad and Erbil pricing is one of the channels through which precious metal and the dinar move in cross border trade between the two countries.
Shafaq News
World Gold Council: central banks bought just 57 tonnes in the first quarter of 2026, 187 tonnes below the initial estimate
The latest World Gold Council report, reported on Saturday, 1 August 2026 (10 Mordad 1405), shows central banks bought just 57 tonnes of gold in the first quarter of 2026, some 187 tonnes less than initial estimates. That is the weakest start to a year for official-sector buying in more than a decade, and after the revision the full-year pace is likely to fall below the 2025 level. Central bank demand recovered between April and June 2026 to a net 289 tonnes, a record for a second quarter. Poland led the buyers with 51 tonnes in the period, taking its first-half total to 82 tonnes, while China bought 33 tonnes. A large share of these purchases is never formally announced by the monetary authorities themselves; the consultancy Metals Focus estimates them for the Council using a mix of public data, trade statistics and field research. Spot gold has been supported around the 4,000 dollar an ounce area since late June 2026. Central banks have been the main engine of gold's multi-year rally, and a slowdown in their buying is one of the variables that feeds through to Iran's domestic gold and coin market.
Donya-e-Eqtesad
Options on the Zargar gold fund with a September expiry launch on 8 August
The Iran Mercantile Exchange announced that options contracts on units of the Karamad gold fund, trading under the symbol Zargar, with a Shahrivar 1405 expiry, will launch on Saturday 17 Mordad 1405 (8 August 2026). The contracts expire on 28 Shahrivar 1405 (19 September 2026). According to the notice, the contracts trade without a price fluctuation limit, with each session opening with a 15 minute auction period before moving to normal continuous trading. Options on gold fund units sit alongside the bullion deposit certificate market as a regulated instrument for hedging and for trading movements in the gold price.
Kalakhabar (Iran Mercantile Exchange)
Gold fund turnover on the Iran Mercantile Exchange reached 38.4 trillion toman in the week to 31 July
In its weekly report on deposit certificate, options and commodity fund markets for the week ending 9 Mordad 1405 (31 July 2026), the Iran Mercantile Exchange said gold funds traded 5.639 billion units worth 38.4 trillion toman, while silver funds traded 3.561 billion units worth 3.8 trillion toman. In the deposit certificate market, 3,586,301 gold bullion certificates changed hands, equivalent to 359 kg of gold worth 8.7 trillion toman. On the silver side, 5,441,445 certificates traded, equivalent to 5.4 tonnes of bullion worth 2.18 trillion toman. In the derivatives market, 114,085 gold options contracts were struck, covering about 11.4 kg of bullion worth 130.3 billion toman, alongside 183,450 silver options contracts worth 22.5 billion toman.
Kalakhabar (Iran Mercantile Exchange)
Linking of Bank Mellat, Saman and Saderat to the gold platform supervisory system enters its final stages
According to a report by the IRNA news agency republished on Saturday 1 August 2026 (10 Mordad 1405), the operation to connect three banks, Mellat, Saman and Saderat, to the gold platform supervisory system has entered its final stages. The process is being run under the Article 18 working group on gold and silver platform rules and the central headquarters for combating goods and currency smuggling, and the banks will begin contracting with online gold and silver trading platforms once initial testing is complete. Connecting these three banks starts the removal of the monopoly over gold platform vaulting, although the same report notes that the executive steps will take time given the sensitivity of the matter. On 15 June 2026 (25 Khordad 1405) the Central Bank of Iran approved new rules on the vaulting of gold and silver bullion by legal entities it has approved, within the framework of the executive directive on online gold and silver trading. Under these rules, a credit institution holding final security clearance from the FARAJA police may operate as a vault after central bank approval, and the list of approved vaults is publicly announced.
Eghtesad Online
Gold holds near $4,044 an ounce as Tehran's 18 carat gram is quoted at 18,507,400 tomans
Tehran's gold and coin market opened Saturday 1 August 2026 below the last working day of the previous week. According to the Eghtesad Online currency and gold desk table published at 08:00 Tehran time today, a gram of 18 carat gold was quoted at 18,507,400 tomans, a gram of 24 carat gold at 24,674,000 tomans, and a mesghal of gold at 80,170,000 tomans. Spot gold traded at about $4,044 an ounce at the same hour, consistent with the $4,045.17 recorded on Sahmino's own price feed early today and the $4,043.51 shown on the Alanchand board at 08:30 today. In the coin market, the Emami coin was priced between 186,200,000 and 188,000,000 tomans depending on the board, and the Bahar Azadi coin between 182,900,000 and 183,500,000 tomans. The half coin changed hands in the 95 to 96 million toman range and the quarter coin between 52,800,000 and 54,000,000 tomans. Eghtesad Online put the Emami coin premium at 4,990,000 tomans. Against the last price recorded at the close of Thursday 30 July, the 18 carat gram is about 0.8 percent lower.
Eghtesad Online
Gold fell about 1% on the last day of July but still ended the month higher than a month earlier
Gold stood at $4,038 an ounce at 9 a.m. Eastern Time on Friday, 31 July 2026, $44 below the same hour a day earlier, when it was $4,082, a decline of 1.08%. The stated cause of the retreat was a rebound in the dollar from a more than one month low. Despite the fall on the final session, gold ended July above where it began: the price a month earlier was $4,015, giving a gain of 0.57% over the month. According to Trading Economics data, that is gold's first monthly increase since February 2026. Against a year earlier, gold is $729, or 22.03%, more expensive; the metal stood at $3,309 on 31 July 2025. Expectations of tighter monetary policy have capped gold's advance. According to Trading Economics, markets are pricing in roughly a 65% chance of a Federal Reserve rate increase at the September meeting, and the three officials who dissented from this week's decision reiterated on Friday that further tightening is needed. Iran's domestic gold and coin market is closed on Thursdays and Fridays, so the effect of this move will show up in Tehran on the first working day of next week.
Fortune