23.01.2026 15:00
Market expert Islam Memiş stated that the price of gold per gram could reach 8,000 lira by June, and in the event of unforeseen and severe developments, levels around 10,000 lira could come into play towards the end of the year, urging investors to be cautious.
Market Expert İslam Memiş made striking evaluations regarding gold, silver, and other commodity markets during a television program he attended. Stating that the price of gold per gram has reached historical levels, Memiş expressed that this increase has followed a similar trend to last year, warning that five-digit figures could be discussed within the year.
HE GAVE A DATE FOR 10 THOUSAND LIRA
Memiş stated that a level of 8 thousand lira is expected for gold per gram until June, and mentioned that if unforeseen and aggressive developments occur, levels of 10 thousand lira could come onto the agenda.
Pointing out that 7 thousand lira has already been seen in the third week of the year, Memiş said that it will become clear over time how many different thousand levels will be tested this year. He noted that physical gold per gram is hovering around 7 thousand lira, and expressed that if technical resistances on the gold ounce side are broken and permanent closures above 8 thousand lira are seen, reaching 10 thousand lira towards the end of the year would not be a surprise.
"THERE IS A BUBBLE IN GOLD" WARNING
Emphasizing that the rise in gold could be a bubble, Memiş stated that this bubble could burst at some point. Reminding that in a similar scenario last year, there were sharp declines in the gold ounce and nearly a thousand lira pullbacks in gold per gram, Memiş said that in this process, the winner was not the small investor, but the big players who set up the system.
Memiş expressed that significant profits could be made by fluctuating the gold ounce by 100–150 dollars during the day, emphasizing that the buy-sell market is currently not valid for small investors. He suggested that it would be healthier for investors to focus on quantity rather than price and to make long-term and regular purchases.
"THOSE WITH GOLD SHOULD PROTECT THEIR ASSETS"
Stating that investors holding gold need to protect their current assets, Memiş said that those with a concrete need, such as a house or a vehicle, could sell gold for this purpose. He also added that he expects a relaxation in credit conditions and activity in the real estate market in the second half of the year.
Memiş expressed that jewelers protect themselves by making binding agreements at the time of sale, and advised citizens not to sell gold until the title deed transactions are finalized. He emphasized that losses incurred in cases of withdrawal could be claimed through legal channels.
WARNING FOR STOCKS AND SILVER AS WELL
Stating that Borsa Istanbul has also reached record levels, Memiş mentioned that 13 thousand points have been surpassed and that the target is the 14 thousand level. He expressed that there are serious risks on the silver side, noting that both gram and ounce silver are very close to critical resistance levels, and advised small investors to stay away from silver during this period.