26.02.2026 11:51
Islam Memiş stated that there could be sharp fluctuations in gold and markets depending on critical developments in Geneva, indicating that a decline could be seen in the case of an agreement, while an increase could occur in the case of war news.
Eyes in the gold market are turned today to the 3rd round of negotiations between Washington and Tehran to be held in Geneva. If disagreements persist between the parties, volatility in the markets is expected.
INVESTORS' EYES ON PRICES
Investors are closely monitoring the prices of gram gold, ounce gold, quarter gold, half gold, full gold, and Republic gold. An upward trend was notable in the first transactions of the day. Ounce gold was traded at 5,190 dollars, while gram gold found buyers at 7,323 TL. Quarter gold was positioned around 11,923 TL.
"THERE ARE 3 POSSIBILITIES"
Gold and Currency Markets Expert İslam Memiş drew attention to the uncertainty in the market during a broadcast on Haber Global. Memiş stated, "The tail of the bull will break. In other words, today there are three possibilities regarding the agreement between America and Russia: war or extension. This possibility is still unknown. Therefore, until noon today, those in need of cash and those who are not will act entirely based on sentiment. There is absolutely no expectation. There is no certainty of an agreement, no certainty of war, and no certainty of an extension. It is completely uncertain," he expressed.
"THERE WILL BE SHARP FLUCTUATIONS"
Memiş indicated that sharp movements could be seen in the markets, stating that the process will be shaped entirely by the flow of news. Memiş said, "If news of war comes, prices will automatically rise. If news of an agreement comes, we will see sharp declines in commodities. We will also see sharp increases in the stock markets. Similarly, the market can be manipulated in the next 10 days, but ultimately, I can say that today is a decision day for the markets. There will be significant sharp fluctuations," he said.
"NO PANIC SHOULD BE MADE"
Emphasizing that investors should not make hasty decisions, Memiş concluded his assessment by saying, "If news of an agreement comes and there is a decline, it can be evaluated as an opportunity. If geopolitical tension escalates again, any cash needs can be seen that way."