Weekly Market Review

Iran Market Pulse: Thursday Morning, 16 July 2026; The Week the Ceasefire Collapsed and the Dollar Hit a Record 188,000 Tomans

Weekly market review, Thursday morning, 25 Tir 1405 (16 July 2026, bourse closed): the week the Islamabad accord collapsed, the US reimposed its naval blockade of Iranian ports, and the free-market dollar jumped 2.22% on Wednesday to a record 188,200 tomans. Gram of 18-karat gold reached 18.36 million tomans and the coin premium leapt about 25% in one day, yet the Tehran bourse stayed red all week while global gold and Brent fell on blockade day. Two markets, two opposite bets.