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HOW DO CORONAVIRUS VACCINE STUDIES REFLECT ON GOLD PRICES?
Gedik Yatırım – Investment Advisor Onurcan Bal, while assessing the impact of vaccine news on A Para markets, made up-to-the-minute assessments for gold prices. Bal said vaccine news supports risk appetite with optimistic expectations in the markets, “However, it will take time to switch to vaccination around the world.”
Stating that financial markets are pricing a bit further ahead, the expert said: “Gold prices remain above $ 1900. Extra optimistic weather due to vaccination may cause corrections in gold prices in the short term, but overall expectations on the long-term gold ounce side remain bullish. “
Onurcan Bal also said: “It supports the environmental gold prices we are in in the long term. For the long term increase to gain traction, closures of more than $ 2000 are required in the short term. Developments due to the epidemic and vaccine studies will continue to be decisive in gold prices. “
How are coronavirus vaccine studies reflected in gold prices?
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