02.04.2025 14:51
In 2025, gold prices, which broke records 20 times, have become one of the most sought-after investment vehicles in recent times. Professor Dr. Ferhat Pehlivanoğlu, who was a guest of host Abdurrahman Yazıcı on Haberlercom, stated that gold continues to thrive on global risks and emphasized that these global risks need to be eliminated for prices to decrease.
Kocaeli University Faculty Member Prof. Dr. Ferhat Pehlivanoğlu was a guest of Abdurrahman Yazıcı on Haberler.com. Evaluating the current state of the Turkish economy, Pehlivanoğlu made important statements on various topics, from interest rate policies to stock market movements, and from gold and silver markets to investor confidence. Especially commenting on the Central Bank's interest rate moves, Pehlivanoğlu also warned investors about critical points they should pay attention to.
Prof. Dr. Pehlivanoğlu explained the necessary conditions for a decrease in gold prices with the following words: "An increase in the overnight interest rate does not immediately mean that the official interest rate will rise. An increase in the overnight interest rate is known as a signal for an official interest rate hike. Developments in the world and in Turkey have an impact on gold prices. Gold continues to be an investment vehicle in the long term. The purchases of gold by central banks affect prices. In the short term, a support level may form below 3,500 dollars and a resistance level above 3,800 dollars for gold. There is an expectation that if the Fed lowers interest rates, the return on the dollar will decrease, and the dollar will weaken." It is not possible to see low prices for gold without resolving geopolitical risks.
NOTE: This news content is not investment advice.