Gold Statement from Gigant Swiss Investment: Main Surge Expected in 2027

Evaluating the course of the gold market, Aysun Karaytuğ, Member of the Advisory Board at Gigant Swiss Investment, predicted that the main upward movement in the precious metal could begin in 2027. Karaytuğ stated that supporting factors other than central bank purchases remain limited.

Aysun Karaytuğ, Member of the Advisory Board at Gigant Swiss Investment, made evaluations on gold prices in global markets, interest rate dynamics, and investor behaviors. Stating that there is not a single reason that could push gold higher and that factors supporting the precious metal other than central bank purchases remain limited, Karaytuğ pointed to the year 2027 for the main surge.

Stating that interest rates and artificial intelligence investments are among the factors suppressing gold prices, Karaytuğ noted that fund flows directed toward the artificial intelligence field continue due to FOMO, the fear of missing out on profit growth. Conveying that investors continue to turn to stock markets even though current valuations in the S&P 500 index exceed the upper limit of the fair value range, Karaytuğ stated that gold may wait for a while longer because the risk perception remains low. Karaytuğ also noted that different commodity groups such as silver, copper, and aluminum may come onto the agenda of investors in the upcoming period.