{"id":30660,"date":"2026-03-19T00:01:28","date_gmt":"2026-03-19T00:01:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-enflasyonunun-yukselmesi-ve-orta-doguda-gerilimin-artmasiyla-dolar-guclenirken-altin-220nin-uzerinde-duserek-4-878-dolara-geriledi\/"},"modified":"2026-03-19T00:01:28","modified_gmt":"2026-03-19T00:01:28","slug":"abd-enflasyonunun-yukselmesi-ve-orta-doguda-gerilimin-artmasiyla-dolar-guclenirken-altin-220nin-uzerinde-duserek-4-878-dolara-geriledi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-enflasyonunun-yukselmesi-ve-orta-doguda-gerilimin-artmasiyla-dolar-guclenirken-altin-220nin-uzerinde-duserek-4-878-dolara-geriledi\/","title":{"rendered":"ABD enflasyonunun y\u00fckselmesi ve Orta Do\u011fu\u2019da gerilimin artmas\u0131yla dolar g\u00fc\u00e7lenirken alt\u0131n %2,20\u2019nin \u00fczerinde d\u00fc\u015ferek 4.878 dolara geriledi"},"content":{"rendered":"Alt\u0131n (XAU\/USD) \u00c7ar\u015famba g\u00fcn\u00fc %2,20\u2019nin \u00fczerinde d\u00fc\u015ferek g\u00fcnl\u00fck en y\u00fcksek seviye olan 5.016 dolar\u0131 g\u00f6rd\u00fckten sonra 4.878 dolardan i\u015flem g\u00f6rd\u00fc. ABD tahvil getirileri y\u00fckselirken ve enflasyon verileri faiz indirimi beklentilerini zay\u0131flat\u0131rken, 4.961 dolardaki 50 g\u00fcnl\u00fck Basit Hareketli Ortalama\u2019n\u0131n (SMA: fiyat\u0131n 50 g\u00fcn\u00fcn ortalamas\u0131, trendi izlemek i\u00e7in kullan\u0131l\u0131r) alt\u0131na indi.\n\nABD Dolar Endeksi (DXY: dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 g\u00fcc\u00fcn\u00fc g\u00f6steren endeks) %0,29 artarak 99,84\u2019e y\u00fckseldi; petrol fiyatlar\u0131 da yukar\u0131 gitti. \u0130srail, \u0130ran\u2019\u0131n Pars gaz sahas\u0131 tesislerine sald\u0131r\u0131 oldu\u011funu bildirdi; \u0130ran da altyap\u0131ya y\u00f6nelik sald\u0131r\u0131 tehdidinde bulundu. Bu geli\u015fmelerle WTI tipi ham petrol (ABD referans ham petrol\u00fc) %0,72 art\u0131\u015fla varil ba\u015f\u0131na 96,64 dolara \u00e7\u0131kt\u0131.\n\n<h3>Enflasyon Verisi Alt\u0131n \u00dczerinde Bask\u0131 Kuruyor<\/h3>\n\u015eubat ay\u0131 ABD \u00dcretici Fiyat Endeksi (PPI: \u00fcreticilerin sat\u0131\u015f fiyatlar\u0131n\u0131 izleyen enflasyon g\u00f6stergesi) beklentiden y\u00fcksek geldi. PPI y\u0131ll\u0131k %3,4 olurken ocakta %2,9 seviyesindeydi. \u00c7ekirdek PPI (g\u0131da ve enerji gibi oynak kalemler hari\u00e7) y\u0131ll\u0131k bazda %3,5\u2019ten %3,9\u2019a y\u00fckseldi. Swap piyasalar\u0131 (faiz beklentilerinin fiyatland\u0131\u011f\u0131 t\u00fcrev piyasalar) 2026 sonuna do\u011fru toplam 18,5 baz puanl\u0131k (bp: y\u00fczde puan\u0131n y\u00fczde biri) bir gev\u015femeyi fiyatlad\u0131.\n\nOcak ay\u0131 Fabrika Sipari\u015fleri ayl\u0131k %0,1 artt\u0131; \u00f6nceki veri revize edilerek -%0,4 d\u00fc\u015f\u00fc\u015f olarak g\u00fcncellendi. Piyasalar, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) karar\u0131na, g\u00fcncellenen tahminlere, dot-plot\u2019a (Fed yetkililerinin gelecek faiz beklentilerini noktalarla g\u00f6steren grafik) ve Jerome Powell\u2019\u0131n bas\u0131n toplant\u0131s\u0131na odaklanm\u0131\u015f durumda.\n\nTeknik g\u00f6r\u00fcn\u00fcmde alt\u0131n\u0131n 4.900 dolar\u0131n alt\u0131na sarkmas\u0131 4.800 dolar deste\u011fini (d\u00fc\u015f\u00fc\u015flerde al\u0131c\u0131lar\u0131n geldi\u011fi seviye) \u00f6ne \u00e7\u0131kar\u0131yor. Diren\u00e7 (y\u00fckseli\u015flerde sat\u0131\u015f\u0131n artt\u0131\u011f\u0131 seviye) olarak 4.961, 5.000, 5.100 ve 5.238 dolar izleniyor. G\u00f6reli G\u00fc\u00e7 Endeksi (RSI: fiyat\u0131n a\u015f\u0131r\u0131 al\u0131m\/a\u015f\u0131r\u0131 sat\u0131m durumunu g\u00f6steren g\u00f6sterge) daha da \u201ca\u015f\u0131r\u0131 sat\u0131m\u201d b\u00f6lgesine indi.\n\nMerkez bankalar\u0131 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton alt\u0131n ekledi.\n\n<h3>Fed \u00d6ncesi Pozisyonlanma<\/h3>\nAlt\u0131n\u0131n 50 g\u00fcnl\u00fck ortalaman\u0131n ve 4.900 dolar seviyesinin alt\u0131na inmesi belirgin bir d\u00fc\u015f\u00fc\u015f (ay\u0131) sinyali. Bu hareket, beklenenden y\u00fcksek gelen enflasyon ve yeni jeopolitik risklerle g\u00fc\u00e7lenen dolar\u0131n etkisiyle h\u0131zland\u0131. T\u00fcrev piyasalarda i\u015flem yapanlar (vadeli i\u015flem ve opsiyon gibi \u00fcr\u00fcnler), bunu en az\u0131ndan k\u0131sa vadede olas\u0131 bir trend de\u011fi\u015fimi olarak de\u011ferlendirebilir.\n\n\u00dcretici enflasyonunun %3,4 gelmesi, piyasay\u0131 Fed\u2019in bu y\u0131l faiz indirimi konusunda yeniden d\u00fc\u015f\u00fcnmeye zorlad\u0131. 2024 ba\u015f\u0131nda da benzer \u015fekilde, kal\u0131c\u0131 enflasyon (kolay d\u00fc\u015fmeyen enflasyon) verileri gev\u015feme beklentilerini \u00f6telemi\u015fti. \u201cUzun s\u00fcre y\u00fcksek faiz\u201d ortam\u0131 dolar\u0131 daha cazip hale getirirken, alt\u0131n gibi faiz getirisi olmayan varl\u0131klar \u00fczerinde bask\u0131 yarat\u0131r.\n\nEnflasyon kayg\u0131lar\u0131n\u0131 art\u0131ran bir di\u011fer unsur, Orta Do\u011fu\u2019daki gerilimin WTI ham petrol\u00fc 96 dolar\u0131n \u00fczerine ta\u015f\u0131mas\u0131. Tarihsel olarak jeopolitik \u015foklar enerji fiyatlar\u0131n\u0131 h\u0131zla yukar\u0131 \u00e7ekebilir; 2022\u2019de Ukrayna sava\u015f\u0131n\u0131n ba\u015flamas\u0131 sonras\u0131 petrol birka\u00e7 haftada %30\u2019un \u00fczerinde s\u0131\u00e7ram\u0131\u015ft\u0131. Enerji kaynakl\u0131 enflasyon, Fed\u2019in i\u015fini zorla\u015ft\u0131r\u0131r ve daha s\u0131k\u0131 para politikas\u0131n\u0131 (\u015fahin duru\u015f: faizleri y\u00fcksek tutma e\u011filimi) destekler.\n\nFed a\u00e7\u0131klamas\u0131 \u00f6ncesindeki belirsizlik, oynakl\u0131\u011f\u0131n artmas\u0131na yol a\u00e7abilir. 4.800 dolar deste\u011fine do\u011fru olas\u0131 d\u00fc\u015f\u00fc\u015ften yararlanmak i\u00e7in alt\u0131n vadeli i\u015flemleri veya ilgili ETF\u2019lerde (Borsa Yat\u0131r\u0131m Fonu: borsada hisse gibi i\u015flem g\u00f6ren fon) sat\u0131m opsiyonu (put: fiyat d\u00fc\u015f\u00fc\u015f\u00fcne kar\u015f\u0131 kazan\u00e7 sa\u011flayabilen opsiyon) al\u0131nmas\u0131 d\u00fc\u015f\u00fcn\u00fclebilir. CBOE Volatilite Endeksi (VIX: piyasadaki beklenen oynakl\u0131\u011f\u0131 g\u00f6steren endeks), 2023\u2019te ortalama 13,7 civar\u0131ndayd\u0131; belirgin bir s\u0131\u00e7rama olas\u0131, bu da oynakl\u0131k art\u0131\u015f\u0131na y\u00f6nelik stratejileri (long volatility: oynakl\u0131k y\u00fckselirse kazanan yakla\u015f\u0131m) \u00f6ne \u00e7\u0131karabilir.\n\nT\u00fcm dikkatler Fed\u2019in dot-plot\u2019unda. Yetkililer 2026 i\u00e7in daha az ya da hi\u00e7 faiz indirimi sinyali verirse, mevcut endi\u015feler g\u00fc\u00e7lenir ve alt\u0131nda yeni bir sat\u0131\u015f dalgas\u0131 g\u00f6r\u00fclebilir. Bu nedenle \u00f6n\u00fcm\u00fczdeki haftalarda alt\u0131na kar\u015f\u0131 temkinli veya negatif bir duru\u015f daha uygun g\u00f6r\u00fcn\u00fcyor.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Alt\u0131nda sert sat\u0131\u015f: XAU\/USD %2,2 d\u00fc\u015ferek 4.878\u2019e indi, 50 g\u00fcnl\u00fck SMA alt\u0131 ay\u0131 sinyali verdi. G\u00fc\u00e7l\u00fc ABD PPI, y\u00fckselen faizler ve 96$ \u00fcst\u00fc petrol Fed indirimi beklentisini zay\u0131flat\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-30660","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30660"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30660\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}