Gold Expert Drops Shocking New Forecast!
Gold prices, which experienced a record drop last week, have begun to show signs of recovery. The reshaping of gold prices due to the war between the USA and Iran has caused a seismic shift in global markets. Gold, shaped under the shadow of war and peace, made historic records in the first months of the year, but hit rock bottom in June 2026. Citizens investing in this safe haven are curious about what will happen to gold prices. As all eyes are turned to expert opinions, a commentary on gold came from Islam Memiş. What did Islam Memiş say about gold prices?
Where is Islam Memiş?
Finance Analyst Islam Memiş, known for his insightful gold analyses, had been maintaining a period of silence for a while. The reason behind this silence of Islam Memiş has now been revealed. He stated that he was in the process of recovery after a nose surgery, saying, 'I was here yesterday, and I'm here today. I just have some discomfort due to the nose surgery that lasted a week.'
On the other hand, Islam Memiş had informed his followers from his X account, stating 'As I mentioned in my last video on my YouTube channel, I won't be able to be with you until Thursday due to the nose surgery.'
Islam Memis has made a comeback with his commentary on gold.
Following his surgery, Islam Memiş continued to share insights on gold. Participating in a live broadcast on Haber Global, Memiş discussed matters pertaining to gold prices. He underscored that the week would be quite intense, with potential announcements that could influence investment tools, particularly gold.
Islam Memiş made the following prediction for gold:
'As you know, we had peace last week in the markets. A peace treaty was signed. However, the US struck again this week. If peace had prevailed, we would have seen a significant relaxation in the markets. It seems they deliberately do not want this relaxation. We are starting a very busy week in the financial markets.
Our economic data agenda is quite packed. At 22:00, there is a statement from the President of the European Central Bank. On June 30th, the unemployment rate in Turkey will be announced. On the same day, we will be monitoring the inflation rate in Germany. On July 1st, there are speeches by the heads of Central Banks. This will be very important. It will be a significant development for all instruments. On July 2nd, unemployment figures will be released in the Eurozone; Non-agricultural employment numbers will be announced in the US. On July 3rd, Friday, the market will be closed due to Independence Day in the US.
In international markets, gold per ounce started the week under pressure amidst talks of war resurfacing. For this week in particular, we will be tracking the range of 4000-4200 dollars in gold per ounce.
As for gram gold, it stands at 6.149 lira in the physical gold market of the Grand Bazaar. We will be following the 6080-6280 range in gram gold.'
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