12.03.2026 17:30
Amid the uncertainty in the markets due to the war in the Middle East, financial analyst İslam Memiş stated that the declines in gold are temporary and expressed his expectation of a strong rise starting from June.
As the war between the US, Israel, and Iran in the Middle East increases uncertainty in global markets, investors are closely monitoring the volatility in gold and other precious metals. Financial Analyst Islam Memiş stated that 2026 will be the "year of manipulation" in the markets, indicating that price fluctuations could continue throughout the year.
"DROPS MAY BE OPPORTUNITIES"
Memiş, who views the recent pullback in gold prices as an opportunity, expressed that the current levels offer advantages, especially for those in wedding season and those with gold debts. Memiş said, "There is a drop in gold and silver, but there is also an opportunity. For those who will marry off their children, buy jewelry, or have gold debts, these levels are an opportunity. These prices are not permanent; we will see an increase again."
JUNE SIGNAL FOR A NEW RISE IN GOLD
Memiş indicated that a new rise in gold prices could begin in June. Emphasizing that geopolitical developments directly affect the markets, Memiş stated that news of war or ceasefire could lead to rapid movements in precious metals. Memiş expressed, "There is some time until June. During this period, levels of 5,080 and 5,050 dollars could be support points, but they may not be permanent. If news comes that a ceasefire has been reached or the war is over, we could see rapid increases in precious metals."
NEW TARGETS FOR GRAM GOLD
Islam Memiş had previously stated that it would not be surprising for gram gold to reach levels of 8,000 TL, or even five-digit figures, by June. Memiş noted that a different story could begin in the markets in the second half of the year.
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