The collapse of price bubble
in gold coin is being witnessed in Iran and it is expected that the coin will reach its real price in the coming days, the head of the Union of Manufacturers and Exporters of Gold, Jewelry, Silver and Precious Stones, Abdullah Mohammad Vali told Trend.
A price bubble
is seen emerging in real-estate transactions in the country's booming cities.
Last year, with the approach of Now Ruz, the country's domestic travel market faced a price bubble
despite tourism authorities' efforts to keep the costs of travel down.
A plunge in Hanmi Pharmaceutical shares this week has caused another "price bubble
" controversy with domestic pharmaceuticals and biotech companies.
BITCOIN pushed past the 10,000 US dollars mark for the first time yesterday, further stoking fears of a price bubble
around the cryptocurrency.
The soaring value of bitcoin and other cryptocurrencies comes despite growing warnings over a price bubble
As stated by professor Tyc (2013), the formation of a price bubble
is driven by economic, institutional and psychological factors.
Additionally, almost two thirds (64%) of delegates felt that Quantitative Easing is highly likely to create an asset price bubble
-- where prices become disconnected from reality.
Last summer Bank of England Governor Mark Carney said the threat of a price bubble
was the "biggest risk" to recovery.
This came despite recent curbs on lending aimed at cooling the country's real estate sector amid fears of a formation of an asset price bubble
that, if burst, could weigh the rest of the economy down.
He added: "Since last year, rising house prices have promoted concern about another price bubble