Expert name Islam Memiş, who came to the agenda with his comments on the gold and money market, drew attention to silver, not gold, in his latest statements. cryptocoin.com We are giving the details as…
Gold analyst, eyes turned to silver
Gold and Money Markets Specialist İslam Memiş shared his analysis on silver. The successful economist drew attention to the fact that silver will earn in ounce and TL terms. He said that recently silver prices have jumped and earned more than gold, adding that both physical and other kinds of demand have increased in Turkey. Emphasizing that silver performed better than gold, especially by rising from 12 dollars to 30 dollars last year, Memiş said that the need for silver has increased recently due to the increase in epidemics. Memiş said, “Silver is a commodity that is widely used in medicine. It is in demand because it is a germ separator,” he said.
In addition, he stated that silver is used in industry and automotive and said that silver is used in panels, especially in China. “Silver will continue to be an invaluable blessing,” the expert said, adding that “physical silver is very difficult to reach.” Therefore, the analyst thinks that silver should be bought physically.
Finally, the expert name sharing the price predictions; states that the gram price of silver is affected by both the ounce and the exchange rate. He draws attention to the fact that the level of $ 21.8 per ounce these days is a unique opportunity for the long-term investor. On a gram basis, he says that silver can be bought when it falls below 9 liras. However, he adds that the long-term investor may prefer to wait. “If there are investors who say, “I don’t believe the dollar will fall, just in case, they can buy it.” He who buys for 10 liras sells for twice as much after 1 or 2 years at the latest.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.