Iran · IRR · April 2024

Gold Price in Iran — April 2024

In April 2024, the gold price in Iran closed at approximately ﷼98,337,112 per troy ounce, equivalent to ﷼36,877,010 per tola or ﷼3,161,609 per gram. This represents a +0.21% change on the month (﷼98,135,071 open → ﷼98,337,112 close).

+0.21% on the month

Open

﷼98,135,071

per troy ounce

Close

﷼98,337,112

per troy ounce

High

﷼102,350,151

per troy ounce

Low

﷼96,324,490

per troy ounce

All unit prices at April 2024 close — Iran

UnitWeightClosing IRR price
Troy ounce31.1035 g﷼98,337,112
Gram1.0000 g﷼3,161,609
10 grams10 g﷼31,616,092
Kilogram1,000 g﷼3,161,609,220
Tola11.664 g﷼36,877,010
IRR prices computed from XAU/USD ($2,336.25/oz close) × 2024-end IRR/USD rate (42,091.8619). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2024 close

KaratPer gramPer tola
24K﷼3,158,448﷼36,840,133
22K﷼2,896,034﷼33,779,341
21K﷼2,766,408﷼32,267,384
18KIRAN STD﷼2,371,207﷼27,657,757
14K﷼1,849,541﷼21,573,051
10K﷼1,318,391﷼15,377,713

Daily gold price in IRR — April 2024

26 trading days
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April 2024 gold market: Records extend on Middle East tensions

Bullish

Records extended despite a firm dollar and hot inflation.

Gold pushed past $2,300 in April as a direct Iran–Israel exchange briefly inflamed Middle East war fears and central banks kept accumulating. Even a hotter US inflation print and a stronger dollar only paused the advance.

What drove gold in April 2024

  • Iran–Israel direct strikes
  • persistent central-bank buying
  • safe-haven demand
  • strong momentum despite a firm dollar
Themes#geopolitics#Middle East#central-bank demand

Key events in April 2024

  1. Apr 12Gold tops $2,400 intraday on Middle East escalation

What happened next

Dips stayed shallow, and gold set another record near $2,450 in May.

For gold buyers in Iran

April showed gold's 2024 character: dips were shallow and brief, as official-sector buyers stepped in on every pullback.

The 2024 gold market: Above $2,500 — breakout to new highs

2024 saw gold break decisively above $2,000 and reach $2,790 by year-end. Central-bank buying continued at record pace. Geopolitical tensions (Middle East, Ukraine) and Fed rate cuts beginning in September drove the rally. Year close: $2,624.

Key drivers in 2024

Fed cuts begin, central-bank buying records, BRICS expansion, Middle East tensions, USD weakness

2024 XAU/USD high

$2,790 (Oct)

2024 XAU/USD low

$1,991 (Feb)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Iran gold market

Iran's traditional gold unit is the mesghal (1 mesghal = 4.6083 g), with bahar-e-azadi gold coins issued by the Central Bank of Iran being a popular savings instrument. Prices are heavily influenced by USD/IRR parallel-market exchange rates rather than the official rate.

Standard quote unit

mesghal

Common purity

18K

Currency

IRR (﷼)

Daily gold price — April 2024, Iran

How Iran gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The IRR/USD exchange rate comes from exchangerate-api.com's 2024 year-end snapshot.

Conversion. Every IRR figure on this page is computed as XAU/USD price × IRR/USD rate. We use the year-end exchange rate consistently across all April 2024 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Iran, add the country-specific levies described in the “Irangold market” section above.

FAQ — Iran gold price in April 2024

What was the gold price in Iran in April 2024?

In April 2024, gold in Iran opened at ﷼98,135,071/oz and closed at ﷼98,337,112/oz — a move of +0.21% on the month. Per tola: ≈﷼36,877,010; per gram: ≈﷼3,161,609; per 10g: ≈﷼31,616,092.

What was the 24K gold rate per tola in Iran in April 2024?

The 24K gold rate per tola in Iran at the April 2024 close was approximately ﷼36,877,010, derived from international XAU/USD spot of $2,336.25/oz times the 2024-end IRR/USD exchange rate of 42,091.8619. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 18K gold rate per mesghal in Iran in April 2024?

Iran's most-quoted retail standard is 18K per mesghal. At the April 2024 close, that worked out to approximately ﷼2,371,207 (18K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

IRR prices on this page are computed from the verified international XAU/USD spot price for April 2024 (sourced from gold-api.com), multiplied by the 2024-end IRR/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The ﷼ figures here represent the international gold spot price converted to IRR at the 2024-end exchange rate. Iran's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Iran? See live gold prices in Iran with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2024 archive or the USD-only April 2024 page with the country-by-country list at the bottom.

Other markets? Compare April 2024 prices across other major gold-trading countries: Iraq, Turkey, Saudi Arabia, United Arab Emirates, Azerbaijan, Pakistan.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to IRR at the 2024-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Iran before transacting.