25.08.2026 16:20
Finance Analyst Islam Memis evaluated the recent rise in gold prices for Haberler.com. Memis, who was a guest of Olgun Kiziltepe, also announced his year-end expectation for gram gold. Memis said, "If the 8,157 lira level is broken, the path to 10,000 lira will be opened."
The recent sharp fluctuations in the gold market have caused panic among gold investors. While long-term investors approach the sharp price rises with caution, short-term investors can make hasty decisions in a panic. Sometimes, these sudden decisions can also lead to disappointment for investors.
IMPORTANT ADVICE FOR INVESTORS FROM ISLAM MEMIS
Financial Analyst Islam Memis, who was a guest on Haberler.com with Olgun Kiziltepe, evaluated the recent rise in gold prices.
During the process in which spot gold reached its highest level since May 15 by rising to the level of 4,650 dollars, Memis said that investors should focus on medium and long-term strategy, not short-term fluctuations.
WILL GRAM GOLD REACH 10 THOUSAND?
Memis announced his year-end forecast for gram gold. Responding to Olgun Kiziltepe's question, "Is it possible for gram gold to see the level of 10 thousand lira?", Memis used the following statements:
"All banks and companies revised their expectations 7 times in 8 months. I did not. Whatever I said in January, I still stand by it. I especially used these sentences for investors; in fact, I have been using these sentences since November 2024: Gold will linger in the range of 3,880-5,880 dollars in 2026. Be prepared for this wide band range. There is a manipulation market; buy or sell as you wish. Looking at today, we saw 3,950 dollars last month, and in January we saw the level of 5,600 dollars.
"IF THIS LEVEL IS BROKEN..."
And on the gram side, I had a prediction and forecast that first 8,000 lira, until June 8,000 lira, and if the level of 8,157 lira is broken, the way will be opened up to 10,000 lira. Have I revised this forecast today? No. This is my personal forecast, a technical study, it binds me. Of course, during this 6-month period, what did those who bought in January do? They are revolting; 'it fell, it fell, it fell'. Of course, when they lose, they have to declare someone a scapegoat. So, the best cover-up turns out to be Islam Memis.
Therefore, patient investors will see above the 8,000 lira level again here. So, my forecast, my personal prediction is in this direction. Of course, after this 8,157 lira level is broken upwards, the path is open. In other words, gold never disappoints its investor. It makes them wait, but it does not disappoint them. Who does it make wait? It makes those who are not patient wait. Patient investors already focus on quantity, not price."
* THIS IS NOT AN INVESTMENT ADVICE NEWS