tag Iran gold bubble

Tehran Market: Gold Coin Loses Shine as Bubble Deflates

EghtesadOnline: There seems to be no end to the gold coin fever engulfing Iran's market. Despite the Central Bank of Iran's attempts to bring the precious metal– traditionally favored by Iranians as a safe-haven investment– down from its six-year high, the gold coin bubble has so far refused to deflate altogether.
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Publish Date:29/November/2017 | 13:39

Gold Rally Cools, Not Its Bubble

EghtesadOnline: After gold coin’s continued rally in the past month, which pushed its value to the highest level in nearly six years in Tehran’s market on Monday, the yellow metal’s surge lost momentum over the coming days and recorded two significant drops consecutively on Wednesday and Thursday.
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Publish Date:25/November/2017 | 09:32