16.12.2025 19:35
Recently, global banks have started to release notable forecasts for gold prices, which have been rising again. As the price of gold per gram approaches the 6,000 TL mark, the U.S.-based investment bank Morgan Stanley has raised its forecast for gold per ounce by $300, increasing it to $4,800.
Recently, as the fluctuations in global markets have intensified, the search for safe havens has gained momentum, and expectations for gold in 2026 have started to become clearer.
REACHED 6 THOUSAND TL THRESHOLD
As of December 16, the price of gram gold is hovering around 5,950 TL, while the price of ounce gold is trading at around 4,320 dollars. In the Grand Bazaar, prices may show limited variations throughout the day.
NEW RISING PERIOD FOR GOLD
With gold prices that have been moving sideways for a while starting to rise again after a short resting period, global banks and investment institutions have begun to share updated forecasts that this momentum will carry into 2026.
MORGAN STANLEY REVISED ITS FORECAST
The US-based investment bank Morgan Stanley has revised its 2026 projection for gold prices upwards. The bank raised its previous forecast of 4,500 dollars for ounce gold to a new target of 4,800 dollars. Thus, a 300-dollar increase has been made in the forecasts.
EFFECT OF INTEREST RATE CUTS AND DOLLAR
The report emphasized that although there has been a slowdown in purchases by central banks and exchange-traded funds, the expected interest rate cuts and the weakening trend of the dollar will continue to support gold prices. Especially in the last quarter of the year, the impact of these factors is expected to become more pronounced.
MORE LIMITED EXPECTATIONS FOR SILVER
The Morgan Stanley report also opened a separate parenthesis for the silver market. It is predicted that silver will show a more limited rise compared to gold, while 2025 is expected to be the peak year in terms of supply deficit. In 2026, it is anticipated that the slowdown in solar energy investments may put pressure on demand.