As the gold price enters 2022 with an upward trend, investors are beginning to wonder about the precious metal’s next move. So what do the experts say? As Kriptokoin.com , we convey the comments of 2 experts on gold…
According to experts, the gold price will “rise badly”
New York Aydın University Faculty Member According to Kurtoğlu, the price of gold “will rise sharply” in the next six years. According to the expert, although the year 2022 will be the scene of a significant break, a greater rise will be seen in the long run. Kurtoğlu states that “gold will go badly in the next five years, even until 2030. Referring to the importance of gold, he said, “If I tell you now that wheat is traded with gold in the commodity exchange in Chicago, everyone would laugh, but it is.”
Real Estate and Investment Specialist Mert Başaran is among those who think that gold and dollar will rise. Başaran thinks that citizens should not sell investments. Mert Başaran says that when the dollar reaches the bottom level of gold, it is necessary to “buy it immediately” and states that investors should not buy an asset that is rising rapidly, and that there should be no panic. Başaran points out that even in a situation where gold is hypothetically 1,500 lira and a dollar is 25 lira, the first rule is not to buy it when it is at the top.
As for his forecasts, the investment specialist thinks that there may be a movement in the price of an ounce of silver and gold. He mentions that there will be an increase in the dollar, and this will also be reflected in the price of gold. Speaking about the increase in housing prices, Başaran says that “house prices will increase even worse”. Finally, he thinks that in countries with inflation, “you shouldn’t sell anything”.