Economist Enes Özkan: By the end of the year, the price of gold per gram could reach 8,000 levels.

17.10.2025 16:05

Economist Enes Özkan, who participated in a broadcast on Haberler.com, evaluated the rapid rise of gold. Özkan stated, "The increase in gold is due to the depreciation of the dollar," and warned investors to be cautious with sudden purchases. Noting that gold has been continuously rising in recent weeks, Özkan made a striking prediction, saying, "By the end of the year, the price of gold per gram could reach levels around 8,000."

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Economist Enes Özkan evaluated the rise in the gold market with presenter Melis Yaşar on Haberler.com. Özkan made a striking prediction, saying, "By the end of the year, the gram gold could rise to 8 thousand levels."

The rise of gold continues unabated. While the ounce price is setting records in global markets, the gram gold in Turkey has exceeded 5 thousand 900 liras, and the quarter gold has surpassed the 10 thousand lira level.

"THE RISE OF GOLD IS DUE TO THE DEVALUATION OF THE DOLLAR"

Evaluating the rapid rise of gold, Economist Enes Özkan stated, "Actually, part of the increase in gold is due to the decrease in the value of the dollar. Gold is mostly priced in dollars, and it is increasing. Of course, we cannot feel this much because we are experiencing it in Turkey. If you look at it in terms of inflation, the value of the dollar is not increasing as much as inflation. What does this actually mean? It means the value of the dollar is decreasing. It means the dollar does not protect you against inflation. There is a similar situation with gold. Gold has now become a material that will protect you against inflation. For about 8-9 weeks, gold has been experiencing an incredible rise without interruption. In such rises, one needs to be a bit cautious; you should not live in fear of missing out on something. If you experience this, you could face a serious psychological collapse at the first significant drop. It might be more sensible to remain calm and think that there could be a pullback rather than investing a large amount in an asset that has been rising significantly for 9 weeks, 8 weeks, or maybe 10 weeks." he said.

"GRAM GOLD COULD RISE TO 8 THOUSAND LEVELS BY THE END OF THE YEAR"

Answering the question of what the highest level gram gold could reach, Özkan said, "I don't know exactly for gram gold, but actually, the calculation is based on ounces. There were predictions about what level the ounce gold would reach by the end of 2026. These predictions generally showed us an effect of around 6000 for gram gold. So, gram gold will reach 6 thousand by the end of the year. When you adjust the ounce predictions to the gram gold in Turkey. Now this level has been reached. So what will happen? It seems we need to update our predictions. As far as I can see, if we adjust it again to the gram gold in Turkey, there are predictions that the ounce gold will rise to 8 thousand when adjusted to gram gold by the end of the year." he stated.