16.02.2026 15:21
Islam Memiş stated that a possible intervention by the US in Iran could drive gold prices up, and he expects a new wave of increase in gold prices. He expressed that in the second half of 2026, the stock market will stand out, saying, "I predict that my champion in 2026 will not be silver or gold, but the stock market. It will rise gradually. When it accelerates too much, be afraid."
Islam Memiş, an expert in gold and currency markets, stated that he expects a new wave of increase in gold prices, noting that a possible intervention by the U.S. in Iran could lift the markets.
The volatility in gold markets continues to be a priority for investors. The inflation data released in the U.S. came in below expectations, strengthening the possibility of a Fed interest rate cut. Following this development, the price of gold per gram saw a sharp increase on Friday, starting the week with a buying opportunity. As of February 16, 2026, the price of gold per gram is trading at 7,036 TL, while the price of gold per ounce is at 5,006 dollars.
TARGET FOR GOLD IS 6 THOUSAND DOLLARS
Islam Memiş evaluated the markets on Haber Global. He stated that the rise in gold is not yet at its peak, warning of manipulation and expressing that the target for gold per ounce could be 6,000 dollars.
"I EXPECT AN INTERVENTION LASTING 3-4 WEEKS"
Memiş highlighted geopolitical risks, saying, "There is an expectation that there will be an intervention by America on the Iranian side. I expect an intervention in Iran in 2026. I expect an intervention that will last about 3 weeks or 4 weeks. Therefore, I predict that this pricing in the markets could be upward. There is a support level below 5,000 dollars at 4,980 dollars and 4,800 dollars. I do not think it will be permanent in the short term," he said.
"WE WILL PRAY FOR SILVER INVESTORS"
Memiş also made evaluations regarding the silver market, stating that losses could continue, saying, "I do not expect to see three-digit figures for silver per ounce. We will pray for silver investors. We said what needed to be said in January. It provided the annual return in one month in January," he expressed.
"I PREDICT THE CHAMPION OF 2026 WILL BE THE STOCK MARKET"
Regarding the stock market, Memiş pointed to the second half of 2026, stating that stock markets could come to the forefront instead of gold and silver. Memiş said, "I predict that my champion in 2026 will not be silver or gold, but the stock market. It will rise step by step. When it accelerates too much, be afraid. In December and January, you know, every day silver, every day gold, every day silver. What happened now? They blew it up. Therefore, for healthy increases to occur, technical declines are definitely needed," he stated.
*THE COMMENTS IN THIS NEWS ARE PERSONAL OPINIONS AND DO NOT CONSTITUTE INVESTMENT ADVICE