17.11.2025 20:57
As gram gold fell to 5,550 lira, financial analyst İslam Memiş, speaking live, stated that the Fed might skip a rate hike in December. Emphasizing that there should be no panic regarding gold and silver, Memiş expressed that gradual purchases could be made in the range of 3,800 to 4,200 dollars by the end of the year. He mentioned that 2025 and 2026 would be "years of significant manipulation in the system" and warned investors to be cautious.
As gold prices started to decline next week, the gram gold is trading at 5,550 lira as of 12:30. The quarter gold is sold for 9,410 lira, and the republic gold is priced at 37,500 lira. Financial Analyst İslam Memiş, who participated in the live broadcast of Haber Global, made striking comments regarding the market.
"THE FED MAY SKIP IN DECEMBER"
Memiş stated that there is no significant data flow in global markets and that attention is focused on the statements from the Fed and the European Central Bank. He expressed that the likelihood of the Fed not making a change in its interest rate decision on December 10 has increased, saying, "My prediction is that the Fed will skip in December. This will push the markets towards a bit more optimism. Then, the process of Powell's removal in America may be discussed by Trump," he said.
"GRADUAL PURCHASES MAY BE MADE"
Noting that gold and silver prices started the week with a decline, Memiş emphasized that investors should not panic, stating, "The gram gold was 5,970 lira last week. The ounce gold fell from 4,243 dollars to 4,067 dollars. There is no need to rush; gradual purchases can be made in the range of 3,800–4,200 dollars until the end of the year," he said.
"DON'T BE HAPPY JUST BECAUSE YOU HAVE GOLD AND SILVER"
Memiş, who mentioned that manipulations in the markets have increased, particularly in October and November, stated that there have been sharp fluctuations in gold, silver, and cryptocurrencies, saying, "In October, they manipulated gold, they manipulated silver. They inflated and burst that bubble. In November, they manipulated and suppressed Bitcoin and altcoins. It's legal robbery. There is nothing to be done. The power is in their hands. Therefore, 2025 has become a year where the system, not the investors, has won. The year is already over. There is nothing left. 2026 will also be a year where the system wins. So, don't be too happy just because I have gold, I have silver, I have this, I have that; don't tie your hopes there. They will shake it again. It will be a year of significant manipulation. Just keep saving money by working. Investment instruments will generally be very harsh in 2026. It is advisable to be cautious," he warned.