According to the announcement from the Gold and Jewelry Union website, the price of 18-carat gold has decreased to 25 million and 181 thousand and 300 tomans per gram.
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Gold Price of 18-Carat Gold Decreases Today, Sunday, November 1, 2026
7h ago
November 1, 2026
1 min read
📰 Donya-e-Eqtesad
📋 Key Takeaway
The price of 18-carat gold in Iran has decreased, reaching 25,181,300 tomans per gram. This change is reported by the Gold and Jewelry Union, indicating fluctuations in the gold market. Such price changes can impact the economy and consumer behavior in Iran.
🔍 Quick Context Guide
💡 Bottom Line:
The drop in gold prices reflects ongoing economic volatility in Iran, affecting consumers and investors alike.
👥 Key Players
Gold and Jewelry Union
MENTIONED
Industry regulatory body
"They oversee the gold market in Iran and provide official pricing, influencing market dynamics."
📰 What Happened
The price of 18-carat gold in Iran has decreased to 25,181,300 tomans per gram, as reported by the Gold and Jewelry Union. This reflects ongoing fluctuations in the gold market.
- The current price of 18-carat gold is 25,181,300 tomans per gram.
- The announcement was made by the Gold and Jewelry Union, indicating official market trends.
💡 Why It Matters
🇮🇷 For Iran: The decrease in gold prices can affect consumer purchasing behavior and investment strategies, impacting the overall economy.
🌍 Regional: Fluctuations in gold prices can influence regional markets and trade dynamics, especially in neighboring countries.
🌐 International: Changes in Iran's gold prices may affect international perceptions of the Iranian economy and its stability.
📚 Background
Gold is a traditional investment in Iran, often seen as a hedge against inflation and currency devaluation. Price changes can significantly impact consumer behavior and economic stability.
Iranian economy
Inflation and currency fluctuations in Iran
📡 Source:
NEUTRAL
📊 Confidence:
70%
The Gold and Jewelry Union is a recognized authority in the industry, providing official data that is generally reliable.
🌐
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%
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