Especially in a volatile market, many experts give their predictions for gold, which investors cling to. This time the gold forecast came from economist Tuna Kaya. Kaya made comments that could be considered a record for ounce gold and gram gold. cryptocoin.com We convey the details as…
Gold estimation from Tuna Kaya: Gram gold 2.000 lira, ounce gold 2.200 dollars
Economist Tuna Kaya shared his predictions for both ounce and gram gold. First of all, he said that gram gold could reach 2,000 liras in 2022, and that this level could rise to 3,000 liras in 2023. He says that the factors behind this price movement may be global risks, inflation and developments in the dollar/TL. The price of gram gold is around 767 liras at the time of writing.
On the subject of gold, the expert predicts that the precious metal can close the year 2022 around $2,200 and $2,400; It raises its forecast for 2023 to $3,000. At the time of writing, gold prices fell below $1,790 an ounce on Monday for the fourth consecutive session, and experienced its biggest monthly drop since September 2021 as the dollar strengthened after updates from the US Federal Reserve to tighten monetary policy.
Finally, economist Tuna Kaya states that gold should be present in the portfolio due to macroeconomic effects. He also thinks that “we need to hold tight to our gold” since the precious metal is of critical importance in terms of protecting it from inflation. Time will tell in which direction the precious metal will move in the upcoming period…
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