Last minute … Flash forecast for gold prices



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Citizens have stepped up in jewelry following the drop in gold prices in recent days.

In a statement on the matter, the president of the Van Jewelers Association, Mehmet Yıldırımoğlu, as in all sectors of the jewelry industry and the chorus in the global pandemic virus, effectively stated that Turkey was also affected negatively. Expressing that weddings and gatherings were canceled due to the corona virus, Yıldırımoğlu said: “Despite all the negativities, gold always makes its investors smile. People invest in gold because it makes you laugh. In this sense, when we go to weddings or visits, we bring gold as a gift. People invest in gold because our gifts are always in gold. Gold is the guarantee of the future of the people and the insurance of the couple. That is why people always receive gold as gifts ”.

Emphasizing that gold is the only investment tool that does not lose value in the world, Yıldırımoğlu said: “Paper burns, all your investments may disappear in natural disasters, but gold will still pay off in the event of floods, fires or disasters. When you enter the jewelry store, you have a buy and sell number. There is never any problem that it takes you from door to door and is cheap. “Gold, a tool that people can instantly turn into money, makes both buyers and sellers smile.”

Yıldırımoğlu pointed out that there has been a density due to the decline in gold prices recently, “at the beginning of the year, while gold was looking at 205-210, I said that gold would be around 350-450 in the first six months . This has been sped up a bit due to the corona virus. While we waited until the end of the year, it arrived a little earlier due to the pandemic. I also said that gold sees around 500 by the end of the year. It also happened. Gold will be around 550 in the first 6 months of 2021 and will see 600-650 in the second 6 months. In other words, gold will make investors smile in 2021. People shouldn’t be nervous, “he said.

Adding that the world economy is based on gold, Yıldırımoğlu said: “When the effect of the corona virus subsides next year, weddings will increase and therefore the demand for gold will increase. Because there will be circulation when there is a wedding. Our jeweler friends are already preparing for that day. I hope everything goes well. This is a temporary illness. After all this is over, everyone will continue with their normal life. “

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