Finance Analyst İslam Memiş evaluated the effects of the overthrow of the regime in Syria and the subsequent developments on the market for Haber Global. Giving important clues, especially about gold prices, Memiş said, “Gold prices started the week with an increase. There is inflation in the USA on Wednesday, and interest rate decisions of central banks are made on Thursday. Gram gold is at 3030 liras. Ounce gold and gram gold have now parted ways. Gram gold is now dollar/dollar/ “We will follow the TL exchange rate. We may see an increase to 2670-2680 ounces today. I expect an ounce of gold to decline again from there to 2580 dollars.” he said.
Memiş also said, “We are following the 2980-3080 lira range for gram gold. Gram gold may fall below 3000 TL due to ounce gold. We do not see the negative effects of the overthrow of the regime in Syria on the domestic markets. There is a stock market side at 10 thousand 400 points, it is on a positive trend.”
Making evaluations about what can expect the markets at the end of the year, Memiş said, “It looks like we will finish the year on a calm course. In the first quarter of 2025, the range of 4000-4500 liras per gram gold remains valid. We can end this year above 3000 liras. We can end the year with a figure of 2600 dollars per ounce. “We can complete it,” he said.
