The gold price had fallen in the last weeks of 2021, after climbing above 1,000 lira. Gold and Money Markets Specialist İslam Memiş came to the fore when he correctly predicted this situation. The expert continues to convey new forecasts for the precious metal. cryptocoin.com We share the latest predictions of Islam Memiş…
Gold and Money Markets Expert warns about gold price
With the volatility in the market in the last weeks of 2021, the gram gold price rose above 1,000 lira and then retreated. The price of gram gold currently closed the trading week at 793 liras. Recently, Islam Memiş warned investors by saying “be prepared for new surprises”. In addition, he especially drew attention to the month of February.
The Gold and Money Markets Expert generally thinks that 2022 will also be complicated. He implied that he would end his purchase point expectations by the end of February, and that he would shelve his purchase level estimates from March until the end of the year. Stating that he will “close his perceptions at the point of purchase” after February, the expert said that he would prefer to wait until the last quarter of 2022 for this.
He also claimed that the buying opportunity in the first quarter of 2022 will not come again. Finally, he said he will continue to focus on the market long-term. Currently, gram gold is traded at 796 liras, while the ounce price of gold has withdrawn as a result of the Fed minutes announced this week and is traded at $ 1,795. Half gold is around 2,585 liras, quarter gold is 1,293 liras.
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