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Short, verified market news summaries; every item names its source and publication date.
Spot gold edges higher on Tuesday, holding above $4,000 but still near a nine-month low
Spot gold edged higher on Tuesday, 30 Tir 1405 (21 July 2026), trading in a roughly $4,020 to $4,045 range depending on the source, about half a percent to one percent above the previous day. Despite the small gain, gold remained close to its lowest level in nine months. The main pressure on gold comes from firming expectations of a Federal Reserve rate hike: a jump in oil prices amid the Strait of Hormuz crisis has revived concerns about energy-driven inflation and pushed US Treasury yields higher. Gold pays no yield, so higher interest rates typically dim its appeal. Moves in the global ounce feed directly into domestic gold and coin prices in Iran, and from there into households' asset markets.
اقتصاد آنلاین · Jul 21, 2026
Gold and Coins Retreat on Tuesday, July 21; Emami Coin Near 182 Million Tomans, 18-Karat Gram Around 18.1 Million
Iran's gold and coin market edged lower on Tuesday, July 21, 2026 (30 Tir 1405). According to the daily Donya-e-Eqtesad, the full Bahar Azadi (Emami) gold coin traded at around 182 million tomans and the half coin at about 92.5 million tomans during the session, both slightly below Monday, July 20, when the Emami coin had ranged between 183 and 185 million tomans. A gram of 18-karat gold was priced at roughly 18.1 million tomans on Tuesday. The domestic pullback tracked a swing in the global gold ounce around the 4,000 dollar area (near its lowest level in several months) and a relatively calmer currency market, with the free-market dollar hovering around 189,000 tomans the same day. Domestic gold prices are a product of the global ounce and the exchange rate, and those two variables set the daily direction of the coin market.
روزنامه دنیای اقتصاد · Jul 21, 2026
Global gold slips to about $4,008 on Tuesday, near a nine-month low
Spot gold slipped to around $4,008 an ounce on Tuesday, 21 July, holding just above the $4,000 mark and near its lowest level in nine months. The metal is down about 4 percent over the past month. Even as the US-Iran war continues, the jump in oil prices has raised inflation concerns and strengthened expectations that the Federal Reserve will keep interest rates higher for longer, a factor that weighs on gold and has kept safe-haven buying tied to geopolitical tension from lifting prices. Silver held firmer than gold the same day. The global gold price is the main benchmark for Iran's domestic gold and coin market.
Mining.com · Jul 21, 2026
World Gold Council: central banks keep buying gold; gold becomes the world's largest reserve asset
According to the latest World Gold Council data in July 2026, official sector demand for gold has stayed strong in the opening months of the year, and the Council forecasts that the world's central banks will buy roughly 850 tonnes of gold in 2026. In its annual survey, 89% of reserve managers expect global central bank gold holdings to rise over the next 12 months, and a record 45% said their own institution's reserves would increase. In May, Poland added 18 tonnes (64 tonnes year to date), Kazakhstan 7 tonnes and Singapore 4 tonnes. Gold has now overtaken US Treasuries to become the world's largest reserve asset. This trend is a key pillar supporting the global gold price, which also drives Iran's gold and coin market.
World Gold Council · Jul 20, 2026
Iran's Exchange Center to hold a gold bar auction on Tuesday, July 21
Iran's Currency and Gold Exchange Center will hold a gold bar auction on Tuesday, 30 Tir 1405 (July 21, 2026), from 14:00 to 17:00. The deadline to deposit the participation guarantee is the end of Monday, 29 Tir. Each participant must place a guarantee of 5 billion tomans per lot, and the weekly purchase ceiling is capped at 25 gold bars per buyer. The auction continues the weekly bullion sales the center runs to manage the gold market, at a time when open market gold and coin prices are trading near record highs and the central bank is using the tool to meet investment demand.
روزنامه تعادل · Jul 20, 2026
Gold and coin retreat Monday; 18-carat gram slips below 18.3 million toman, Emami coin near 185 million
Iran's gold and coin market pulled back from near its record highs on Monday, 20 July 2026 (29 Tir 1405). The 18-carat gram opened the day around 18,765,000 toman and by midday (about 11:30 local time) traded near 18,282,000 toman, a drop of roughly 2.6% from the previous day. The Emami coin, which had changed hands near 188,500,000 toman on Sunday (28 Tir), eased to about 184,990,000 toman on Monday, down around 2.2%. The retreat came while the global gold ounce held little changed near $4,018, close to its nine-month low. Today's domestic decline was therefore tied mainly to a cooling of buying demand and swings in the free-market dollar, which traded in a range of about 190,000 to 193,000 toman, rather than to the world price.
فرارو · Jul 20, 2026
Gold hovers near $4,000 and a nine-month low as the oil surge revives Fed rate-hike bets
Spot gold traded around $4,000 an ounce on Monday, 20 July 2026 (about $4,001, down roughly 0.4% on the day), near a nine-month low and about 28% below its late-January 2026 record of roughly $5,600. Contrary to the usual pattern, markets have read the US-Iran war and the Strait of Hormuz crisis as an inflation event rather than a flight-to-safety one: crude's jump above $90 has revived inflation fears and bets on a Federal Reserve rate hike, and that pressure has pushed gold lower. Markets now price meaningful odds of a Fed rate increase by September. In Iran the picture differs. As of Sunday evening, 19 July, the Emami coin stood near 189 million tomans (down about 0.5%), yet the coin's premium over melt value (the hobab) jumped about 6.8% in a single day to roughly 6.5 million tomans; a gram of 18-carat gold was about 18.8 million tomans (down about 2%). A weak rial and domestic demand have kept Iran's gold market close to record highs even as the global ounce falls.
Yahoo Finance · Jul 20, 2026
World Gold Council: India's consumer gold demand recovers in July as prices steady
In its July 2026 India market update, the World Gold Council said consumer buying recovered in July after a lull from mid-May to mid-June marked by seasonally soft demand. While overall demand remains subdued, the council said the pullback and relative stability in gold prices are stimulating jewellery purchases, with retailer promotions including discounts and exchange offers supporting sales. India and China are the world's two largest buyers of physical gold, and their consumer-demand trends influence the balance of the global gold market, which fell last week under pressure from the oil surge.
World Gold Council · Jul 19, 2026
Gold and coin near record highs on Sunday: coin around 190 million tomans, 18-carat gold near 19 million tomans per gram
Iran's domestic gold and coin market traded near its all-time highs on Sunday, 19 July 2026 (28 Tir 1405). According to the Gold, Coin and Currency Information Network, at midday a full Bahar Azadi coin (new design) changed hands at 191,990,000 tomans in Tehran's open market, and each gram of 18-carat gold at 18,861,000 tomans. Based on the live data Sahmino tracks, by Sunday evening 18-carat gold had eased to about 18,776,000 tomans per gram and the Emami coin to about 188,980,000 tomans, a slight pullback from Saturday's jump. The global gold ounce, meanwhile, stood near the top of its range at about 4,018 dollars. Domestic gold and coin prices remain a product of two factors, the exchange rate and the global gold price, at a time when the ongoing military tensions are feeding safe-haven demand.
نفت ما · Jul 19, 2026
Central banks kept buying gold through its worst quarter since 2013
According to World Gold Council data, the world's central banks remained net buyers of gold through the second quarter of 2026 despite a sharp drop in the price (its steepest quarterly decline since 2013); net global purchases in May 2026 were reported at about 41 tonnes. Poland leads sovereign buyers with roughly 64 tonnes since the start of 2026, while China, Uzbekistan and Kazakhstan also kept buying. The trend shows that official reserve demand for gold remains firm over the medium term, even as the oil surge and worries over US interest-rate policy have pushed the price lower in the short term. For Iran's domestic market, where gold and coin prices track the global price and the exchange rate, the long-term direction of central-bank reserves is an important variable.
Kitco News · Jul 19, 2026
Turkey's central bank became the world's largest official gold seller in 2026, selling about 81 tonnes net to defend the lira
According to reports carried by Turkish media, Turkey's central bank has become the world's largest official seller of gold in 2026. Over the first five months of the year the bank sold about 81 tonnes of gold on a net basis from its reserves, using the proceeds to supply dollar liquidity and defend the lira against external shocks. Pressure on the lira intensified after the Iran war began on February 28, 2026, and the resulting energy-price surge drove the currency to a fresh record low. The central bank first spent roughly US$26 billion of its foreign exchange reserves supporting the lira and, when that proved insufficient, turned to selling and swapping more than 127 tonnes of gold in the weeks that followed; its currency interventions peaked at close to US$60 billion. Turkey's gold reserves had climbed to a record 823.5 tonnes in the week ending March 6 before starting to decline. The trend shows that, rather than serving as a safe haven during the war, gold became Ankara's defensive tool for containing the lira's slide. The lira is an important regional variable for Iran's market, since part of the trade and commodity pricing between the two countries is linked to it.
Türkiye Today · Jul 19, 2026
Global gold ETFs closed H1 2026 with US$8 billion of net inflows; physical holdings reached 4,047 tonnes
According to the latest World Gold Council report, global gold exchange traded funds (ETFs) closed the first half of 2026 with net inflows of about US$8 billion, a figure that stayed positive despite the sharp price swings of the period. Total assets under management reached roughly US$526 billion by the end of June, down about 6 percent since the start of the year on the lower gold price, yet the physical tonnage held rose by 18 tonnes to 4,047 tonnes. The picture diverged across regions: Asian funds recorded their strongest first half on record with US$12 billion of inflows, while North America was the only region to see outflows, posting its weakest first half since 2013 with US$7.7 billion withdrawn. Analysts tied those outflows to expectations that the US Federal Reserve will keep interest rates higher to curb the energy-driven inflation of the Iran-US war. Global gold peaked at a record US$5,589.38 an ounce on January 28 before retreating during the Strait of Hormuz crisis, ending the first half near US$4,000 on June 30. Gold remains the reference asset for Iranian savers, and global capital flows into the metal also shape domestic expectations.
شورای جهانی طلا (World Gold Council) · Jul 19, 2026
Global gold ends the week down more than 3 percent as the Hormuz-driven oil surge weighs on the metal
Global gold fell more than 3 percent in the week ending Friday, 17 July 2026, one of its largest weekly declines in about six months, with the metal trading near 4,000 dollars an ounce on Friday and at its lowest level since November 2025. Contrary to gold's usual safe-haven behavior, the escalating Iran-US military tensions and the disruption in the Strait of Hormuz worked against the metal this time by way of higher oil prices. Brent crude rose nearly 12 percent over the past week, lifting inflation expectations and the odds that the US Federal Reserve keeps rates higher for longer and firming bond yields, all of which pressure gold. The dynamic matters for Iran's domestic market, where local gold and coin prices track both the global ounce and the exchange rate.
Yahoo Finance · Jul 18, 2026
Iran's domestic gold and coin market rose on Saturday amid war tensions
Gold and coin prices rose in Iran's domestic market on Saturday, 18 July 2026. According to market reports, each gram of 18-karat gold traded at around 18,480,000 tomans and 24-karat gold at around 24,640,000 tomans, while the mesghal (the melted-gold benchmark) reached about 80,000,000 tomans. In the coin market, the new-design (Emami) coin was priced at about 185,500,000 tomans, the old-design coin at about 181,500,000 tomans, the half-coin at about 95,000,000 tomans and the quarter-coin at about 53,500,000 tomans. In the currency market, the free-market US dollar traded around 191,000 tomans and Tether around 192,000 tomans. The gains came as the Iran-US military confrontation and the Strait of Hormuz crisis continued; on the same day, global gold stood near 4,006 dollars an ounce.
اکوایران · Jul 18, 2026
Gold and coin prices on Friday, July 17: 18-karat gold near 18,245,000 toman, Emami coin at 186 million toman
On Friday, July 17, 2026, each gram of 18-karat gold in Iran's market was priced at about 18,245,000 toman, slightly lower than the previous day. Each gram of 24-karat gold was quoted at around 24,326,000 toman. In the coin market, the full Emami gold coin reached about 186,010,000 toman and the Bahar Azadi coin around 180,000,000 toman. The decline in domestic gold tracked the drop in global gold, which traded below $4,000 and near $3,972 an ounce on Friday. Iran's official currency and gold market is closed on Thursdays and Fridays, so these quotes are based on informal trading and the global market.
روزنامه دنیای اقتصاد · Jul 17, 2026
Gold holds below $4,000 on Friday, set for its biggest weekly loss in six weeks
Spot gold held below $4,000 an ounce on Friday, July 17, 2026, trading around $3,986. The metal was on track for a weekly decline of about 3.4%, its biggest weekly loss in six weeks and near its lowest level since November 2025. Higher oil prices, driven by escalating US-Iran tensions over the Strait of Hormuz, have revived inflation worries and strengthened the case for the Federal Reserve keeping interest rates elevated, adding selling pressure on gold. On the other side, softer US inflation data that has trimmed the odds of a rate hike at the upcoming meeting has offered the metal some support.
CNBC · Jul 17, 2026
18-karat gold near 18.4 million tomans Thursday, Emami coin at 185 million
On Thursday, 16 July 2026 (25 Tir 1405), a gram of 18-karat gold was priced at about 18,433,000 tomans based on rates published by Tehran's gold and jewellery union. The Emami coin traded near 185 million tomans and melted gold (abshode) around 79,850,000 tomans. Domestic gold and coin prices remain driven jointly by the exchange rate and regional tensions. Globally, spot gold slipped about 0.7 percent on Thursday to 4,028 dollars an ounce. The ounce eased even as a surge in oil prices tied to the Strait of Hormuz crisis revived worries about inflation and the prospect of tighter monetary policy. The Tehran Stock Exchange was closed on Thursday.
اکو ایران · Jul 16, 2026
Global Gold Steadies on Thursday as Fed Rate-Hike Odds Fall; Near 4,060 Dollars
Global gold steadied on Thursday, 16 July 2026, after a week of sharp swings, rebounding to around 4,060 dollars an ounce after touching an intraday low near 4,017 dollars. The recovery was driven by softer US inflation data: the June Producer Price Index fell 0.3 percent, with the annual rate easing to 5.5 percent from 6 percent a month earlier. The data reinforced expectations that the Federal Reserve will hold rates steady at its July meeting. According to the CME FedWatch tool, the probability of a rate increase at the coming meeting fell to about 10.2 percent, from around 16.6 percent before the release. On the other side, the jump in oil prices and the inflation risk it carries have capped gold's room to climb further. Global gold is the main pricing reference for coins and gold in Iran's domestic market.
FXStreet · Jul 16, 2026
Global gold holds near $4,066 on Wednesday, struggling to advance despite continued strikes on Iran
Spot gold traded near $4,066 an ounce on Wednesday, July 15, 2026, unable to make meaningful headway even as US strikes on Iran and Strait of Hormuz tensions persisted. The level was slightly below Tuesday's price of about $4,070. Soft US producer and consumer inflation data for June, which has trimmed the odds of a Federal Reserve rate hike at its upcoming meeting, has supported bullion, but a relatively steady dollar has capped further gains. In Iran's domestic market, where gold prices track the exchange rate, prices have meanwhile set fresh records.
سیانبیسی / CNBC · Jul 15, 2026
18-karat gold enters the 18-million-toman range Wednesday; Emami coin near 184 million tomans
Iran's domestic gold and coin market rose on Wednesday, 15 July 2026 (24 Tir 1405). A gram of 18-karat gold opened trading near 17.9 million tomans and climbed to about 18.2 million tomans by midday, up roughly 1.8 percent from the previous day. The full Emami coin gained about 1.7 percent to around 184 million tomans, and its premium (bubble) widened to nearly 7 million tomans. The main driver was the weakening rial and the free-market dollar's rise to a one-month high, while the global gold ounce hovered around 4,050 dollars.
فرارو · Jul 15, 2026
64 kg of gold bars sold at Tuesday's Exchange Center auction; average 9.346 billion tomans per bar
Iran's Currency and Gold Exchange Center (Markaz Mobadeleh) held its 116th gold bar auction on Tuesday, 14 July 2026 (23 Tir 1405). Of the 115 kilograms of gold bars offered, 64 kilograms were sold for more than 598 billion tomans, at an average price of 9.346 billion tomans per standard bar. According to the report, 19 gold bar auctions have been held at the Exchange Center since the start of the Iranian year 1405, selling a combined 1,506 kilograms for 13,253 billion tomans. The auctions are a government tool to meet market gold demand and calm prices, and they come on days when the free market dollar has climbed above 180,000 tomans. About 51 kilograms of the bars offered went unsold, pointing to less than full buyer appetite at these price levels.
صدای بورس · Jul 14, 2026
18-carat gold and the Emami coin rise in Tuesday trading as a weaker rial outweighs a steady global ounce
Domestic gold and coin prices rose on Tuesday, 14 July 2026. Jamejam reported that each gram of 18-carat gold entered the 17.6 million toman range, while Sahmino's price service showed it near 17.8 million toman (up about 0.7 percent) by around 11:35. The Emami coin reached about 179.5 million toman, up roughly 1.4 percent per Sahmino data, and the mesghal of gold sat in the 77 million toman range. The gains came while the global gold ounce hovered near 4,000 dollars, so the main driver of the domestic rise was the weaker rial and the climbing free-market dollar rather than the world price.
جامجم آنلاین · Jul 14, 2026
Global gold holds below $4,000 for a third straight session, weakest since July 1
Spot gold held below the $4,000 mark on Tuesday, July 14, 2026, trading around $3,996 an ounce in Asian morning hours, its third consecutive session lower and the weakest level since July 1. The move followed Monday's slide of nearly 3 percent. The jump in oil prices amid renewed US and Iran tensions over the Strait of Hormuz has lifted inflation worries and reinforced market expectations that the Federal Reserve will keep interest rates elevated, which dims the appeal of non-yielding gold. The drop in the global ounce is also weighing on domestic gold and coin prices in Iran (the latest figures are available in Sahmino's prices section).
The Nation (Thailand) · Jul 14, 2026
Gold-bar auction at the Exchange Center to be held Tuesday, July 14; margin-deposit deadline is tonight
The 50th gold-bar auction at Iran's Currency and Gold Exchange Center will be held on Tuesday, July 14, 2026 (23 Tir), from 2 p.m. to 5 p.m. According to published reports, applicants must deposit a margin of 50 billion rials (5 billion tomans) per bar by midnight on Monday, July 13 (22 Tir), and each applicant may buy at most 25 bars per week. The base price is announced by the seller on auction day, and deals are settled in person and in cash. The auction comes as domestic gold prices have moved into the 17.6 million tomans channel.
جامجم آنلاین · Jul 13, 2026
18-karat gold holds in the 17-million-toman channel; Emami coin near 178 million tomans
At the start of trading on Monday, 13 July 2026 (22 Tir 1405), a gram of 18-karat gold in Iran's domestic market changed hands at about 17,660,000 tomans, holding in the upper half of the 17-million-toman channel. Sahmino's data likewise recorded 18-karat gold near this level at Sunday's close on 21 Tir, up about 1 percent. The Emami coin stood near 178 million tomans and the Bahar Azadi coin around 173,700,000 tomans. Per Sahmino data, the premium (bubble) on the Emami coin has widened in recent days, reaching about 3,700,000 tomans by the evening of Sunday, 21 Tir. Global spot gold fluctuated between roughly 4,060 and 4,120 dollars an ounce on Monday as markets awaited the US June inflation report.
فرارو · Jul 13, 2026
Spot gold slips to about $4,081 on Monday as markets await US inflation data
Spot gold slipped nearly 1% to about $4,081 an ounce on Monday, July 13, 2026, down 0.96% from the previous day and a second straight session lower, even as oil prices jumped. Investors stayed cautious ahead of the US June consumer price index, due Tuesday, July 14, a reading that could shape the path of Federal Reserve interest rates and the value of the dollar. Spot gold is down about 5.3% over the past month but still up roughly 22% from a year ago. Gold and coin prices in Iran are set by both the global ounce and the rial exchange rate, which makes the direction of the global ounce a key driver of the domestic market.
Trading Economics · Jul 13, 2026
Gold and coin gain on Sunday: 18-karat gold nears 17.64 million tomans, Emami coin around 178 million
Iran's domestic gold and coin market rose on Sunday, 12 July 2026. Each gram of 18-karat gold gained about 0.9% to nearly 17.64 million tomans, while the Emami coin climbed about 1.4% (roughly 2.5 million tomans) to around 178.5 million tomans. The Emami coin's premium (hobab) jumped sharply on Sunday to about 4.4 million tomans, a sign that coin demand is outrunning the intrinsic value of its gold content. A global gold price near 4,100 dollars an ounce (Friday's close), alongside rising official remittance rates, was cited as a driver of the domestic move.
فرارو · Jul 12, 2026
Global gold ends the week down about 1.5% near $4,100
Spot gold ended the week to Friday, July 10, 2026 in the $4,100 to $4,120 an ounce range, down about 1.5% from the previous week. On Friday the metal traded near $4,104 an ounce, off roughly 0.4% on the session. The main drag was an almost 5% weekly surge in global crude prices after renewed Iran and US tensions in the Strait of Hormuz, which revived inflation fears. Markets are now pricing a near 60% chance of a Federal Reserve rate hike at the September meeting, and higher rates weigh on non-yielding gold. Sahmino's latest tracked spot price is $4,121 an ounce (updated early Saturday, July 11). The global ounce is the primary anchor for gold and coin prices in Iran's domestic market.
Kitco News · Jul 11, 2026
Gold and coin prices fall in Iran's domestic market Saturday; 18 karat gold down 2.33 percent, Emami coin down 2.82 percent
Gold and coin prices turned lower in Iran's domestic market on Saturday, July 11, 2026 (20 Tir 1405). One gram of 18 karat gold fell 4,082,000 tomans, or 2.33 percent, to 17,528,700 tomans as of 2:34 pm Tehran time. The full Bahar Azadi (Emami design) gold coin dropped 4,980,000 tomans, or 2.82 percent, to 176,505,000 tomans, and its premium over intrinsic gold value narrowed to about 3,525,000 tomans. Global spot gold traded around 4,121 dollars an ounce in the same window. According to Ecoiran, easing regional tensions and continued diplomatic consultations between Iran, the United States and Oman over the Strait of Hormuz have reduced safe haven demand for gold and coins, contributing to today's domestic price declines.
اکوایران (Ecoiran) · Jul 11, 2026
WGC Survey: Record 45% of Central Banks Plan to Boost Gold Reserves Over Next Year
The World Gold Council's annual Central Bank Gold Reserves Survey, conducted between February 5 and May 19, 2026, with a record 76 central banks participating, found that 45 percent of respondents plan to increase their own gold reserves over the next 12 months, up from 43 percent in 2025 and a record in the survey's nine-year history. Separately, 89 percent of respondents said they expect global central bank gold holdings overall to rise over the coming year. The report, published on June 16, 2026, noted that central banks have bought an average of 1,000 tonnes of gold annually over the past four years, double the pace of the prior decade, while 74 percent of respondents expect a moderate or significant decline in the US dollar's share of global reserves over the next five years.
World Gold Council · Jul 11, 2026
Dubai Gold Eases as Higher US Yields Blunt Safe Haven Demand
24-karat gold in Dubai fell to 495.75 dirhams per gram on Friday, July 10, 2026, down from 497.25 dirhams on Thursday, while 22-karat gold slipped to 459 dirhams from 460.50 dirhams, according to Gulf News. Elevated US Treasury yields and a firmer dollar, amid uncertainty over the Federal Reserve's rate path, offset some of the safe haven demand generated by the Iran-US war. Global gold prices nonetheless remained above 4,100 dollars an ounce.
Gulf News · Jul 10, 2026
Global Gold ETFs See $8.9 Billion June Outflow; H1 2026 Flows Stay Positive
According to the World Gold Council, global gold-backed ETFs recorded a net outflow of $8.9 billion in June 2026, though first-half 2026 flows remained positive with a net inflow of $8 billion. North American funds lost $5.5 billion in June, bringing the region's H1 outflow to $7.7 billion, the weakest first half since 2013. European funds saw $818 million in June outflows, trimming their H1 inflow to $3.2 billion. Meanwhile, Chinese investors withdrew a record $2.91 billion from gold ETFs in June. Global gold ETF assets under management fell to $526 billion in June, with holdings down 74 tonnes to 4,047 tonnes. The World Gold Council cited the pullback in gold prices, hawkish remarks from the new Federal Reserve chair, and rising real yields as the main drivers of the outflow.
Yahoo Finance · Jul 10, 2026
World Gold Rebounds Above $4,140 an Ounce on Renewed Safe Haven Demand
World gold jumped 1.48 percent, or $60.25, to $4,143.59 an ounce on Friday, July 10, 2026 (19 Tir 1405), according to Yahoo Finance. Gold had spent most of the week declining as renewed US Iran military conflict rattled markets, but safe haven demand returned as investors weighed the war's impact on inflation and future Federal Reserve decisions. Oil prices have risen roughly 7.1 percent over the past five days, adding to inflation concerns. Iranian financial outlets including Taadol newspaper and EcoIran also reported the world gold ounce near $4,120 on the same day.
Yahoo Finance · Jul 10, 2026
China's Central Bank Extends Gold-Buying Streak to 20 Months With 15-Tonne June Purchase
According to data reported in early July 2026, China's central bank (PBOC) extended its gold-buying streak to a 20th consecutive month in June, adding roughly 15 tonnes (480,000 ounces) to its reserves, a marked acceleration from May's 320,000-ounce purchase. Per Kitco News, corroborated by Bloomberg and IndexBox reporting, China's official gold reserves reached 75.44 million ounces (about 2,346 tonnes) by the end of June, even as global gold prices fell 11.65 percent during the month. Analysts describe the purchases as part of Beijing's strategy to reduce reliance on dollar-denominated reserve assets.
Kitco News · Jul 10, 2026
Dubai Gold Exchange to Launch Dirham Settled Gold Futures
The Dubai Gold and Commodities Exchange (DGCX), owned by the Dubai Multi Commodities Centre (DMCC), announced plans to launch dirham settled gold futures for one kilogram bars meeting UAE Good Delivery and LBMA standards. According to Khaleej Times, the contract, which is subject to approval from the Central Bank of the UAE and the Securities and Commodities Authority, will be offered in spot and monthly futures formats out to twelve months with physical delivery. The plan is aimed at reducing the Persian Gulf region's reliance on the US dollar in gold trading and reinforcing Dubai's position as a global bullion hub.
Khaleej Times · Jul 10, 2026
18-Karat Gold Nears 18-Million-Toman Peak in Iran
A gram of 18-karat gold in Tehran rose 201,000 tomans from the previous day to reach 17,999,000 tomans on Thursday, July 9, 2026 (18 Tir), edging toward the 18-million-toman mark. According to Shargh newspaper, a mesghal (a traditional 4.6-gram unit) of 17-karat gold climbed 873,000 tomans to 77,975,000 tomans. The simultaneous rise in the free-market dollar rate and the global gold price, combined with heightened precautionary demand amid escalating regional tensions, was cited as the main driver of the increase.
روزنامه شرق · Jul 10, 2026
Global Gold Rebounds Above $4,100 After Two Sessions of Losses
Global gold prices rebounded above $4,100 an ounce on Thursday, July 9, 2026 (18 Tir), after falling for two prior sessions, trading in a range of roughly $4,100 to $4,130. According to Kitco News, gold had eased earlier in the week on expectations the Federal Reserve would keep interest rates elevated for longer, but minutes from the Fed's June meeting and heightened risk following the attack on tankers in the Strait of Hormuz and the ongoing US-Iran conflict revived safe-haven demand. The swings came alongside firmer US Treasury yields and a broadly stable dollar index.
Kitco News · Jul 10, 2026