21.11.2025 11:00
The lack of a clear consensus on interest rate cuts in the Fed's minutes led to a decline in gold prices. The price of gold per ounce fell to $4,056, while the price of gold per gram dropped to 5,510 lira. Expert İslam Memiş stated that by 2026, the price of gold per gram could reach 8,000 TL, and the price of gold per ounce could see levels between $4,800 and $4,888, advising, "If you don't need cash, don't sell."
The minutes from the last meeting of the Federal Reserve (Fed) have been published. The documents highlighted that officials could not reach a consensus on whether to cut interest rates in December. Weakening expectations led to a downward trend in the gold market. The precious metal entered the last trading day of the week with a loss, with gold trading at $4,056 per ounce. In the free market, the gram gold is hovering around 5,510 lira.
CURRENT GOLD PRICES (NOVEMBER 21, 2025)
Quarter gold:
- Buy: 9,236 TL
- Sell: 9,447 TL
Half gold:
- Buy: 18,414 TL
- Sell: 18,895 TL
Full gold:
- Buy: 37,633 TL
- Sell: 37,674 TL
Republic gold:
- Buy: 38,281 TL
- Sell: 38,864 TL
ISLAM MEMİŞ'S 2026 GOLD FORECAST
Gold and currency markets expert Islam Memiş made significant warnings for 2026 in his November assessment. According to Memiş:
- Gram gold could see 8,000 TL and above in 2026.
- The range for ounce gold could be between $4,800 and $4,888.
- Due to the troubles in global markets and the uncertain policies of central banks, gold and silver are expected to be safe havens again next year.
Memiş urged investors to be cautious, stating, "If you don't need cash, do not sell your assets."