Ramazan Kurtoğlu, lecturer at Istanbul Aydın University, made a critical comment on gold prices. Thinking that gold is an important investment tool, the expert emphasizes that this investment should be made physically. cryptocoin.com We are giving the details as…
Where will gold prices go? What should investors do?
Istanbul Aydın University Faculty Member Ramazan Kurtoğlu, who advises gold investors to buy physical gold in particular, pointed out in a YouTube video that the gold asset is a “protection asset”. Emphasizing that China, one of the largest countries in the world, holds 35 thousand gold coins, the expert noted that some dates are important. According to Kurtoğlu, who said that the next 2023 and 2030 years are of great importance for precious metals, investments should be made in gold and silver in these periods. However, he thinks that this investment should be made physically, and that if the account is opened, investors may not be able to get their gold when they want to be bought.
He talks about the budget deficit in the United States and the increase in the amount of public debt as the reason behind this. He states that silver and gold should be bought in times of crisis. The expert says that between 2023 and 2028, the price of an ounce of gold will exceed 10 thousand dollars. He says that gold will be a serious help in the coming crisis periods and that the precious metal will never lose value. Finally, Kurtoğlu thinks that these precious metals will be the only vehicles operating in the market in the future. At the time of writing, an ounce of gold is changing hands at $1,838. Gram gold, on the other hand, is around 791 lira with a decrease of 0.2 percent.
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