Gold and dollar, which had a harsh decline last week, seems to have risen in the last days of the year. During the spelling, the price of gram gold is traded from the range of 750-800 pounds. When the price movement was like this, precious metal investors were undecided about what they should do. So, what do the experts say?
Gold and Dollar Interpretation from Islam Memiş
Before Kriptokoin.comIslam Memiş, the Gold and Money Market Specialist, which we transferred the analysis, listed the items that investors think that they should do to avoid harm. Expert name, “After harsh decreases, I congratulate the friends who follow the advice of 50 percent,” he said. Memiş, this advice last week from 1,000 pounds to 600 pounds for the precious metal had given. Currently, it draws attention to the intervals where gold is traded. Memiş says he predicts that the falls will not be permanent.
According to Islam Memiş, the question of mi Will it fall, will it come out ”are likely to be damaged by those who act. Instead, he thinks that investors should pay attention to the gold/dollar parity. Memiş stated that the US Federal Bank will raise interest rates in 2022, that we are currently at the border point, if the Fed will decline in the event of an interest rate hike in March, and that the following application will be in profit. The application, which investors think that they will not harm them, expresses the application as follows:
It is calculated with ounce of gold. You sell your dollar, you get gold, you sell your gold. When the dollar rises, grams of gold rises when the dollar falls, grams of gold falls. This is the formula.
