Experts Explained For Gold Prices. Will gold increase or decrease?

Gold entered October with a serious rise. While it was rising 6 days of the last 10 days, it decreased again for 4 days. Gold closed last week with 1014 TL.

How will gold prices be in the coming days? Will gold rise or fall?Even though the summer wedding season is over, weddings continue and gold prices, which are indispensable for every wedding in our country, are followed with curiosity by everyone. The price of gram gold varies between 1010 TL and 1025 TL nowadays. Gold, which is constantly followed by investors, wedding guests and gift recipients, is one of the most sought-after investment tools of recent times. Many investors are very curious about how the gold prices, which they follow on a daily basis, will change.

Last week, quarter gold was sold as 1682 TL and republic gold was sold as 6708 TL. An ounce of gold fell to $ 1690. Now the eyes are in the days to come…

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How will gold prices be in the coming days? Will gold rise or fall?

Let’s take a look at the expert comments. Here are the gold price comments from experts…

Gold and Money Specialist İslam Memiş warned investors about gold prices.

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He stated that the small fluctuations in gold should not be bothered with, and that a gram of gold could reach 1200 TL. Stating that the resistance level is 1060 TL in the short term, Memiş said that if 1060 TL is broken, 1090 TL is inevitable and the rise will continue in October and November. According to Islam Memiş, gold, which entered October with a rapid rise, will continue to rise rapidly in the coming months.

Many experts also say that gold will continue to rise. Experts commenting on gold on social media also predict that gold will rise rapidly and exceed 1500 TL in 2023. There are even those who say that they can withstand 2000 TL in 2023.

Note: This is not investment advice.