exclusive;
Head of the Gold and Jewelry Association: Decrease in purchase demand in the gold market/prices are a bubble
🔹Nader Bazarafshan, referring to the decrease in demand for buying gold in the market, said in an interview to IRNA: Unlike some previous periods, when the increase in prices caused more buyers to enter the market, there is no such situation now and we are witnessing a price bubble in the market.
Part of the recent price increase in the market, caused by the increase in the exchange rate, occurred due to the release of some political and economic news, and it can be said that inflationary expectations had an effect on the market.