Critical Market Assessment from Gold and Money Markets Expert İslam Memiş

Gold and Money Markets Expert İslam Memiş shared current figures for the ounce gold, gram gold, silver, and Bitcoin markets ahead of the upcoming interest rate decisions by the US Federal Reserve (Fed) and other central banks, warning investors against sharp price fluctuations.

Gold and Money Markets Expert İslam Memiş evaluated the latest situation in the markets ahead of the Fed's interest rate decision. Stating that ounce gold is at the level of $4,002 in international markets and continues its effort to hold above $4,000, Memiş noted that gram gold is at 6,451 liras in the Grand Bazaar. He also conveyed that there have been serious sales on the physical gold side for the past two weeks.

According to the data shared by Memiş, ounce silver rose to $53.65 and Bitcoin rose to $80,386. Stating that the increase in oil prices triggers global inflation, the expert reminded that US inflation was announced as 3.7 percent and called on investors to be careful against possible sharp fluctuations.