İslam Memiş: Gram gold is the new milestone after January 20 because…

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Lerato Khumalo

Gold and Money Markets Expert İslam Memiş evaluated the gold figures at Haber Global. İslam Memiş drew attention to the period after January 20 in the gold markets and warned those who would invest and have gold in their possession.

Memiş said, “Gram gold started the year at the level of 2000 liras, today it is at the level of 3000 liras. In other words, it provided a 50 percent return to its investors. In 2024, gold made everyone happy again. There has been a Christmas stagnation for a week. This week will be both quiet and short. The stable trend will continue and it will be quiet until January 20. There may be geopolitical fluctuations when Trump officially takes office on January 20. “There are tensions, there are US-China trade relations,” he said.

“THE CRITICAL DATE UNDER GRAM IS JANUARY 20”

İslam Memiş said, “There are those who are waiting for an opportunity to buy gold and those who have gold. We will follow 2980 – 3080. In 2025, we continue to expect 4000-4500 liras per gram and 3000-3500 dollars per ounce. Those who are going to have a wedding or are looking for investment opportunities can take advantage of the declines.” . If those who hold gold do not need cash, it is an early price to change as of January 20. “Our expectations continue. For us, any price below 3000 liras is suitable for purchase,” he said.

2025 EXPECTATION IN DOLLAR

İslam Memiş said about the dollar, “There is a trend in the dollar above 35 lira. Upward movements may continue. The level of 37-38 lira is expected in the first half of 2025, but the least return is in the dollar. We do not see it as an investment instrument. We see that it provides less return.”