Title: Global Economic Shifts Impact Gold and Coin Markets in Iran
Market Overview: A Day of Decline
Tehran’s gold and coin markets experienced a broad downward trend on Monday, November 3, 2025, mirroring a significant dip in the global gold standard. The primary driver for this market movement is the strengthening US dollar and shifting inflationary expectations in the American economy, factors that directly influence precious metal valuations worldwide.
Gold Prices See Notable Dip
The global benchmark, ounce of gold, registered a notable decrease, falling by $74.04 (1.8%) from the previous day’s average to a current rate of $4,039. This international trend was reflected in the domestic Tehran market. The overall gold price was recorded at 45,850,000 Tomans, marking a decline of 454,683 Tomans (0.98%) from the day before. Consequently, the price of 18-carat gold fell to 10,584,600 Tomans, and 24-carat gold dropped to 14,111,000 Tomans, both reflecting a decrease of approximately 0.98%.
Coin Market Follows Suit
The downturn was equally evident in the coin market. The price of the old-design coin fell to 105,300,000 Tomans, a drop of 1,079,193 Tomans (1.01%). Similarly, the new-design coin decreased by 1,000,390 Tomans (0.89%) to 111,700,000 Tomans. Smaller denominations were not spared, with the half-coin and quarter-coin also recording declines. This collective downward movement indicates a day dominated by sellers and a cautious withdrawal of capital from these assets.
Analysis: Global Factors at Play
Today’s market performance underscores the direct correlation between Iran’s domestic precious metals market and international financial currents. The observed price corrections are a direct response to macroeconomic developments, particularly the performance of the US dollar. The market’s reaction demonstrates its integration with global economic dynamics, where international indicators can lead to predictable and aligned domestic adjustments.
Forecast: Cautious Optimism and External Dependence
Looking ahead, market analysts anticipate continued volatility, tethered to both global and domestic economic signals. Should the current strength of the US dollar and global inflationary pressures persist, the downward trend or a stabilized market with a bearish inclination could continue for the global ounce of gold, thereby influencing domestic prices. However, the recent price drops may soon attract new buyers, potentially creating a floor that prevents a further significant slump. The overall market sentiment is expected to remain cautious as investors await new economic data and developments. The stability and future direction of the market are thus closely linked to the evolving international economic landscape.