348
135 shares, 348 points

Cryptocoin. com

As we reported as , gold, which has had tough days, has lost more than $ 25 since the beginning of the week. Gram, on the other hand, is traded at 493 lira. In the meantime, commenting on gold prices, Gold and Money Markets Specialist Islam Memiş says investors should not panic sell.

Gold comment from Islam Memiş: Do not buy at these levels

Islam Memiş argues that gram gold should not be bought at the current levels of 490 liras, and points out that the most suitable levels for purchase are around 400-450 Dollars. According to Memiş, the 490 Dollars levels are not the peak and can be seen higher annually with a gold trying to rise above 535 liras in June and above the 540-560 Dollars level. Therefore, the expert underlines that a “foam” has formed under the gram and points out that the same is true for the dollar.

According to the expert name, it is not necessary to buy even at 535 Dollars under a gram. Memiş says that the decline experienced after the rise in gold is “to trap the investor” and therefore investors should not act with panic.

“Inflation effects will be felt more in autumn”

Islam Memiş says that under the ounce, $ 1,832 was seen in the past weeks, but there were pullbacks to $ 1,677 this week. Thus, he concludes that every fall will bring a rise. According to the analyst, it is very difficult for prices to stay this low, as the effects of inflation will be felt more in the fall. For this reason, he says that investors should not take a selling position and that these decreases in ounces and grams are not valid in the medium and long term.


Like it? Share with your friends!

348
135 shares, 348 points

What's Your Reaction?

hate hate
368
hate
confused confused
1104
confused
fail fail
736
fail
fun fun
613
fun
geeky geeky
490
geeky
love love
122
love
lol lol
245
lol
omg omg
1104
omg
win win
736
win
Michael Lewis

Emperor

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format