"Could such a thing happen? Underneath, a jaw-dropping prediction for the new year."

Due to geopolitical tensions throughout the year and central banks purchasing gold, gold has been breaking records, and last week it surged to new heights after the U.S. Federal Reserve (Fed) cut interest rates by 50 basis points. As of yesterday, 24-carat gold surpassed the 3,000 lira barrier, testing 3,030 lira in the free market. An ounce (31.1 grams) of gold rose to 2,670 dollars. At the beginning of the year, the gram gold was around 2,000 lira. In just 9 months, it increased by 1,000 lira, reaching 3,000 lira. This represents an increase of over approximately 50%.

WAR AGENDA TRIGGERS THE MARKET

Experts state that the rise in gold will continue as the Fed continues to cut interest rates, and they emphasize that gold prices will now be dependent on regional wars and escalating geopolitical tensions. Israel's attacks on Lebanon, the detonation of beepers, and the intensification of the Russia-Ukraine war, along with the involvement of countries like China and Iran in these events, are highlighted as developments that will also affect the trajectory of gold.

"MY YEAR-END EXPECTATION IS 3,000 DOLLARS"

Islam Memiş, an expert in gold and currency markets, stated that the expected increases in gold prices have occurred, saying, "The gram reached 3,030 lira in the free market. I believe these increases will continue based on the ounce. My year-end expectation for the ounce is 3,000 dollars."

"MY EXPECTATION FOR GRAM IN 2025..."

Memiş noted that gram gold has not yet received support from the dollar, stating, "That is, as the dollar price increases domestically, the gram will continue to rise, reaching 3,100, 3,200, etc. My expectation for gram in 2025 is 4,500 lira, and my expectation for the ounce is 3,500 dollars."

"WAR RISKS WILL BE ON GOLD'S RADAR"

Memiş emphasized that gold prices are no longer solely dependent on central bank decisions, stating, "Gold rose or fell this year based on the interest rate decisions made by the world's central banks. But from now on, war risks will be on gold's radar. We will see a market focused on geopolitical risks. Regional wars already exist. Whether Iran, China, and Russia are involved will be priced in the markets," he said.