23.03.2026 13:11
Islam Memiş, stating that the decline in gold prices is temporary, maintained his expectation of an increase in the medium and long term, while expressing that a new process could begin in the market, especially from June, and urged investors not to panic.
Gold prices are losing value as of March 23, 2026, influenced by developments in global markets, while investors continue to seek direction in the market. With the decline in gram gold, a volatile trend is prominent, and notable assessments have come from financial analyst İslam Memiş.
"DROPS ARE TEMPORARY, DIRECTION IS UP"
İslam Memiş stated that the pullbacks in the gold market are not permanent, expressing that the current declines are due to short-term fluctuations. Memiş predicted that gold prices would enter an upward trend again in the medium and long term.
PANIC WARNING FOR INVESTORS
Emphasizing that market volatility will continue, Memiş said that investors should not panic in the face of short-term declines. He noted that the current price levels could create opportunities, especially for those in cash positions.
SET TARGETS FOR OUNCES AND GRAM GOLD
Memiş expressed that his long-term target for ounce gold is around 6 thousand dollars, while he mentioned that higher levels could be seen in gram gold throughout the year. He emphasized that certain price ranges could be important exit points for investors.
JUNE HAS BEEN MARKED
Pointing to the second half of the year, Memiş indicated that a different process could begin in the market, especially as of June. He stated that if target levels are reached during this period, investors might reconsider their positions.
* THIS IS NOT AN INVESTMENT ADVICE