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GOLD PRICES EXPERT COMMENTS
“THE SHORT-TERM VARIABILITY TO GOLD PRICES MAY CONTINUE”
Gedik’s investment-investment consultant Onurcan Bal, who participated in the broadcast on A Para, responded and made important assessments for the gold investor.
Stating that gold volatility may continue for a time in the short term, the expert said: “From time to time, events that will increase concerns about the epidemic may bring short-term upward movements in gold prices. However, as we saw on Monday, positive news flows here can bring downs. ” .
Stating that there was a rebound in the stock markets with the news of the vaccine, but a serious decline in gold prices was observed, Bal said: “We will closely follow developments due to the epidemic and the news flow of the Coronavirus vaccine. “But the positive developments stemming from vaccines create pressure for gold prices in the short term and we can see that they limit bullish movements here,” he said.
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