Navigating the Market: A Look at Recent Trends in 18-Karat Gold Prices
Market Opening Snapshot
As trading commenced this Sunday, the price of 18-karat gold was set at 10,954,000 Tomans per gram, according to analytical reports. This opening figure follows a trading session on Saturday that concluded with a decrease of 127,000 Tomans per gram, pulling the value back from the 11-million-Toman threshold.
Significant Long-Term Growth
Despite recent daily fluctuations, the broader trend for 18-karat gold reveals substantial growth. Market analysis highlights a significant 27 percent increase over the past month alone. Expanding the view shows an even more pronounced upward trajectory, with a 42 percent rise over the last six months and a remarkable 167 percent surge compared to prices from one year ago.
Metric | Value |
---|---|
Price per gram of 18-karat gold | 10,954,000 Tomans |
One-Month Increase | 27% |
Six-Month Increase | 42% |
One-Year Increase | 167% |
Source: Analytical Reports