The price of the U.S. dollar in Iran's open market resumed its upward trajectory on Monday, August 24, surpassing 202,000 tomans during morning trading. Simultaneously, Emami gold coins reached 222 million tomans, while gold prices traded at unprecedented record levels.
According to the latest recorded market rates, the U.S. dollar reached 202,600 tomans in Tehran. Emami gold coins were priced at 222 million tomans.
During the same trading window, the price for one mesghal of melted gold reached 96,200,000 tomans, while 18-karat gold rose to 23,207,860 tomans per gram.
This surge in foreign currency and gold rates follows Sunday's market movements, where the dollar briefly touched the 200,000-toman mark before experiencing a minor retreat. However, bullish momentum resumed aggressively during Monday's session.
The rapid acceleration of foreign currency and gold prices in the Iranian market coincides with escalating U.S. economic pressure against the Islamic Republic and growing concerns over new restrictions on Iran's trade and financial relations.
