14.07.2026 10:02
Evaluating the impact of US-Iran tensions on the global economy for Haberler.com, Economist Mustafa Aşkın stated that the rise in oil prices could create renewed inflationary pressure. Noting that gold has lost its previous upward momentum, Aşkın said that depending on the course of the war, gold per gram could see both levels above 6,000 lira and levels of 4,000 lira.
Economist Mustafa Aşkın, as a guest of host Melis Yaşar on Haberler.com, evaluated the impact of the US-Iran tension on the markets. Stating that the volatility in oil prices has put the global economy under pressure again, Aşkın made predictions closely concerning gold investors. Drawing attention to geopolitical developments and the steps central banks will take, Aşkın said that in a negative scenario, the gram gold could fall to 4,000 lira levels, while in case of positive developments, a recovery could be seen.
"GOLD HAS LEFT ITS STRONG RISE PERIOD BEHIND"
Mustafa Aşkın, stating that the US-Iran tension has caused renewed unease in global markets, expressed that gold has lost its strong rise performance from previous years.
Aşkın said, "We can say the days of gold are over. The strong rises we saw in 2024 and 2025 are now behind us. From now on, we will see a more volatile and risk-sensitive market."
"IF WAR PROLONGS, INFLATION PRESSURE INCREASES"
Aşkın, stating that the re-escalation of tension between Iran and the US has pushed oil prices upward, noted that the prolongation of conflicts poses serious risks for the world economy.
Aşkın used the expressions, "If the war expands, inflation pressure, unemployment, and growth problems will increase further. Achieving lasting peace as soon as possible is of great importance for both the economy and humanity."
"6,000 LIRA AND 4,000 LIRA ARE BOTH POSSIBLE FOR GRAM GOLD"
Mustafa Aşkın, stating that the course of gram gold depends on both the ounce gold and the exchange rate, also shared different scenarios.
Aşkın said, "If geopolitical risks decrease and ounce gold rises to $4,200-4,250 levels, gram gold could see above 6,000 lira. However, if the war expands and central banks follow stricter policies, 4,000 lira levels could also come to the agenda."
"GOLD IS NO LONGER AN INVESTMENT TOOL THAT RISES UNDER ALL CONDITIONS"
Aşkın, emphasizing that uncertainty in the markets continues, stated that investors should closely monitor especially the US Federal Reserve's policies and developments in the Middle East. Aşkın used the expressions, "Now investors need to monitor the market more carefully. Gold is no longer an investment tool that rises under all conditions like before."