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Gold and Money Markets Specialist Islam Memiş, who predicted that the price of gram gold exceeding 1,000 liras would decrease in the last weeks of December, conveyed his new comments. As Kriptokoin.com , we share the details…

Gold and Money Markets Specialist İslam Memiş, drew attention to March

The ounce price of gold, who published the new minutes It fell after the signals that the Fed will start to increase interest rates around March. The price of gold per gram is around 800 liras. Sharing his thoughts on the price movements of the precious metal, Gold and Money Markets Specialist İslam Memiş pointed out that the Fed minutes were on the agenda and emphasized that the signals were given that the interest rate hike would take place earlier than expected. In addition, Memiş states that non-farm employment data in the USA will be announced today, which will determine the exchange rate and the direction in commodity prices.

Apart from this, Memiş says that profits can be made even when prices are falling, and risk distribution should be made with parity trading. On the other hand, he thinks that those who will buy gold should wait for the precious metal to fall below 700 liras and states that he would not prefer to buy grams of gold over 800 liras. Finally, Memiş said that the global markets will be mixed in 2022 and that he will end his expectation of buying points by the end of February, and he plans to wait until the end of the year as of March. He claims that the buying opportunities in the first quarter of 2022 will not be seen after March. For this reason, he states that he will continue on the road by increasing the assets held by long-term investors.


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