15.05.2026 12:40
Australian bank ANZ forecasted that gold could reach $5,600 per ounce by the end of the year. It was stated that if the prediction materializes, the gram price of gold could rise to 8,200 TL based on the current exchange rate.
Ongoing war and geopolitical tensions in the Middle East continue to cause fluctuations in the markets. While pressure on gold prices persists, investors' attention has turned once again to the possibility of a rise. Australian bank ANZ has shared striking new forecasts regarding the gold market.
GOLD DIRECTION SHAPED BY NEWS FLOW
Due to developments in the region, gram gold, which rose last week, reached up to the 7,000 lira mark. However, as of this week, gram gold has entered a downward trend, falling to levels of 6,660 lira. Following the market volatility, investors have begun once again seeking answers to the question, "Will gold rise?"
NEW REPORT FROM ANZ
In a report published by Australian bank ANZ, it was stated that conflicts in the Middle East could slow economic growth and lead central banks to ease monetary policies. The report shared three different scenarios for precious metals like gold and silver over the next 12 months.
3 SCENARIOS FOR GOLD
According to the bank's first scenario, rising oil prices will increase inflation. In this case, it is predicted that the US Federal Reserve (Fed) will not change interest rates until September, keeping gold under pressure. The second scenario indicated that the energy crisis would slow economic growth, negatively impact industrial activities, and reduce consumer spending. The third scenario noted that with slowing economic growth, central banks would move toward looser monetary policies, which would support gold prices.
"DECLINES ARE BUYING OPPORTUNITIES"
The ANZ report stated that gold per ounce, currently at $4,557, could fall to $4,500 in the short term. The bank emphasized that any pullbacks could be considered buying opportunities for investors.
END-2026 FORECAST UPDATED
ANZ also revised its long-term expectations for gold. The bank lowered its gold per ounce forecast for the end of 2026 from $5,800 to $5,600.
$6,000 TARGET POSTPONED
Having previously predicted that the $6,000 per ounce level could be seen in early 2027, the bank has also postponed this target. According to the new forecast, the $6,000 level is expected to be seen around mid-2027.
GRAM GOLD 8,200 TL SCENARIO
The report stated that if these forecasts materialize and gold per ounce rises to $5,600 by the end of the year, calculations based on the current exchange rate indicate that gram gold could reach levels of 8,200 TL.
* THIS IS NOT INVESTMENT ADVICE