18.11.2025 11:03
Financial analyst İslam Memiş stated that there are many global factors that will drive gold prices up in 2026, predicting that the price of gold could reach between $4,800 and $4,888 per ounce, and over 8,000 TL per gram. He emphasized that strong demand for gold from central banks, geopolitical risks, and economic uncertainties are supporting prices. Memiş noted that short-term declines are temporary and that especially ounce levels below $4,000 present a buying opportunity.
Gold prices continue to decline due to the strengthening of the dollar and increasing expectations that the Fed will not cut interest rates in December. Last week, gram gold closed at 5,549 TL, down 1.9%. In the new week, it continued to decrease.
As of November 18, 2025, the current gold prices are as follows:
Gram gold:
- Buy: 5,470.61 TL
- Sell: 5,471.36 TL
Quarter gold:
- Buy: 9,240 TL
- Sell: 9,321 TL
Half gold:
- Buy: 18,480 TL
- Sell: 18,631 TL
Republic gold:
- Buy: 36,847 TL
- Sell: 37,142 TL
Ata gold:
- Buy: 37,905.56 TL
- Sell: 38,862.42 TL
Full gold:
- Buy: 36,756.90 TL
- Sell: 37,482.68 TL
WARNING FROM ISLAM MEMİŞ
Financial analyst İslam Memiş stated that the recent rapid pullbacks in gold should not worry investors. He noted that the sharp movements in the gold market are temporary, saying, "Those who do not need cash should not be affected by short-term declines. As we approach the end of the year, new buying opportunities are emerging."
4 THOUSAND DOLLARS IS A CRITICAL SUPPORT LEVEL
Recalling that last week the ounce of gold rose to 4,243 dollars and gram gold to 5,970 TL, Memiş pointed out that after the sharp sell-offs in the US stock markets, there was a loss of over 200 dollars in ounce gold and over 200 TL in gram gold. He stated that the current prices in the Grand Bazaar are 5,788 TL for physical gram gold and 4,085 dollars for ounce gold, emphasizing that 4,000 dollars has become a critical support level for ounce gold.
2026 GOLD FORECAST: GRAM MAY EXCEED 8 THOUSAND TL
Memiş indicated that the medium to long-term outlook for the gold market is strong, stating that in 2026:
- Ounce gold may reach 4,800–4,888 dollars,
- Gram gold may exceed 8,000 TL.
According to Memiş, the demand for gold from central banks, geopolitical risks, and global economic uncertainties will continue to support gold prices. The analyst stated that he does not expect very sharp declines in the short term, saying that ounce levels below 4,000 dollars present a strong buying opportunity.