{"id":31095,"date":"2026-03-25T04:02:15","date_gmt":"2026-03-25T04:02:15","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/suren-orta-dogu-gerilimi-ortaminda-altin-dalgali-dort-ayin-en-dusuk-seviyelerinin-ardindan-asyada-4-470-dolara-yakin-yukseldi\/"},"modified":"2026-03-25T04:02:15","modified_gmt":"2026-03-25T04:02:15","slug":"suren-orta-dogu-gerilimi-ortaminda-altin-dalgali-dort-ayin-en-dusuk-seviyelerinin-ardindan-asyada-4-470-dolara-yakin-yukseldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/suren-orta-dogu-gerilimi-ortaminda-altin-dalgali-dort-ayin-en-dusuk-seviyelerinin-ardindan-asyada-4-470-dolara-yakin-yukseldi\/","title":{"rendered":"S\u00fcren Orta Do\u011fu gerilimi ortam\u0131nda alt\u0131n, dalgal\u0131 d\u00f6rt ay\u0131n en d\u00fc\u015f\u00fck seviyelerinin ard\u0131ndan Asya\u2019da 4.470 dolara yak\u0131n y\u00fckseldi"},"content":{"rendered":"Alt\u0131n (XAU\/USD) \u00e7ar\u015famba g\u00fcn\u00fc Asya i\u015flemlerinin erken saatlerinde, son seanslardaki sert dalgalanmalar\u0131n ard\u0131ndan yakla\u015f\u0131k 4.470 dolara y\u00fckseldi. Daha \u00f6nce yakla\u015f\u0131k 4.100 dolara gerileyerek d\u00f6rt ay\u0131n en d\u00fc\u015f\u00fck seviyesini g\u00f6rm\u00fc\u015f ve 1983\u2019ten bu yana en k\u00f6t\u00fc haftal\u0131k performans\u0131n\u0131 kaydetmi\u015fti.\n\nBloomberg, sal\u0131 g\u00fcn\u00fc ABD Ba\u015fkan\u0131 Donald Trump\u2019\u0131n, k\u00fcresel piyasalar\u0131 sarsan 25 g\u00fcnl\u00fck \u00e7at\u0131\u015fmay\u0131 bitirmeye y\u00f6nelik devam eden g\u00f6r\u00fc\u015fmelerde \u0130ran\u2019\u0131n bir \u201chediye\u201d teklif etti\u011fini s\u00f6yledi\u011fini aktard\u0131. Haber, ABD\u2019nin Orta Do\u011fu\u2019ya daha fazla asker sevk etmesiyle ayn\u0131 d\u00f6nemde geldi.\n\n<h3>B\u00f6lgesel Gerilimler G\u00fcvenli Liman Talebini Destekliyor<\/h3>\nSal\u0131 g\u00fcn\u00fc ayr\u0131ca, \u0130ran lideri M\u00fccteba Hamaney\u2019in k\u0131demli askeri dan\u0131\u015fman\u0131 Muhsin R\u0131za\u00ee, \u0130ran\u2019\u0131n u\u011frad\u0131\u011f\u0131n\u0131 s\u00f6yledi\u011fi zarar i\u00e7in tam tazminat alana kadar sava\u015f\u0131n s\u00fcrece\u011fini belirtti. B\u00f6lgedeki belirsizli\u011fin s\u00fcrmesi, \u201cg\u00fcvenli liman\u201d (risk y\u00fckseldi\u011finde yat\u0131r\u0131mc\u0131lar\u0131n y\u00f6neldi\u011fi varl\u0131k) olarak alt\u0131na talebi destekledi.\n\n\u00d6te yandan Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fma enerji fiyatlar\u0131n\u0131 y\u00fckseltti ve ABD\u2019de faiz indirimi beklentilerini zay\u0131flatt\u0131. Faiz indirimi ihtimalinin azalmas\u0131, \u201cfaiz getirisi olmayan\u201d (kupon\/faiz \u00f6demesi sa\u011flamayan) alt\u0131n \u00fczerinde bask\u0131 yaratabilir; \u00e7\u00fcnk\u00fc daha y\u00fcksek faiz ortam\u0131nda yat\u0131r\u0131mc\u0131lar devlet tahvillerine (kamu bor\u00e7lanma senetleri) y\u00f6nelebilir.\n\n2025 ABD-\u0130ran \u00e7at\u0131\u015fmas\u0131 s\u0131ras\u0131nda alt\u0131n fiyat\u0131n\u0131n g\u00fcvenli liman al\u0131mlar\u0131 ile faizlerin y\u00fckselece\u011fi endi\u015fesi aras\u0131nda sert \u015fekilde gidip geldi\u011fini hat\u0131rlamak gerekir. Belirsizlik s\u00fcrerken, yat\u0131r\u0131mc\u0131lar \u201clong strangle\u201d stratejisini d\u00fc\u015f\u00fcnebilir: Vadesi ayn\u0131 olan, paradan uzak (mevcut fiyattan belirgin uzak kullan\u0131m fiyatl\u0131) bir al\u0131m (call) ve bir sat\u0131m (put) opsiyonunu birlikte almak. Bu y\u00f6ntem, fiyat\u0131n y\u00f6n\u00fcn\u00fc tahmin etmek yerine, iki y\u00f6nden birinde g\u00fc\u00e7l\u00fc hareket olursa kazan\u00e7 hedefler.\n\nO d\u00f6nemde 1983\u2019ten bu yana en k\u00f6t\u00fc haftal\u0131k performans\u0131n g\u00f6r\u00fclmesi, oynakl\u0131\u011f\u0131n (fiyat\u0131n h\u0131zl\u0131 ve sert de\u011fi\u015fimi) \u00f6nemini g\u00f6sterdi. Bug\u00fcn Cboe Alt\u0131n Oynakl\u0131k Endeksi (GVZ) yakla\u015f\u0131k 18 seviyesinde ve 2025\u2019teki s\u0131\u00e7ramalar\u0131n belirgin \u015fekilde alt\u0131nda. \u201c\u0130ma edilen oynakl\u0131\u011f\u0131n\u201d (opsiyon fiyatlar\u0131n\u0131n ima etti\u011fi beklenen dalgalanma) g\u00f6rece d\u00fc\u015f\u00fck olmas\u0131, uzun pozisyonlar\u0131 korumak i\u00e7in \u201ckoruyucu put\u201d (fiyat d\u00fc\u015f\u00fc\u015f\u00fcne kar\u015f\u0131 sigorta gibi i\u015fleyen sat\u0131m opsiyonu) gibi opsiyonlar\u0131 daha d\u00fc\u015f\u00fck maliyetle kullanmay\u0131 m\u00fcmk\u00fcn k\u0131l\u0131yor.\n\n<h3>Tahvil Faizleri, Enerji ve T\u00fcrev Korumas\u0131<\/h3>\nGe\u00e7en y\u0131lki \u00e7at\u0131\u015fma enflasyon beklentilerini yukar\u0131 \u00e7ekti ve bunun etkileri tahvil piyasas\u0131nda s\u00fcr\u00fcyor. ABD 10 y\u0131ll\u0131k Hazine tahvili faizi %4,5 civar\u0131nda g\u00fc\u00e7l\u00fc kal\u0131rken, faiz getirisi olmayan alt\u0131n g\u00f6rece daha az cazip hale geliyor. Faizlerde yeni bir y\u00fckseli\u015f, alt\u0131n fiyat\u0131nda y\u00fckseli\u015fin s\u0131n\u0131rl\u0131 kalaca\u011f\u0131 beklentisiyle \u201cbear call spread\u201d (ayn\u0131 vadede farkl\u0131 fiyatlardan iki al\u0131m opsiyonu kullanarak maliyeti d\u00fc\u015f\u00fcren ve y\u00fckseli\u015fi s\u0131n\u0131rl\u0131 g\u00f6ren strateji) kurmak i\u00e7in tetikleyici olabilir.\n\nEnerji fiyatlar\u0131 da gerilimlerin \u00f6nemli bir yans\u0131mas\u0131 olmaya devam ediyor; WTI ham petrol (ABD tipi ham petrol g\u00f6stergesi) varil ba\u015f\u0131na yakla\u015f\u0131k 95 dolar seviyesinde y\u00fcksek seyrediyor. Enerji fiyatlar\u0131n\u0131n y\u00fckselmesi enflasyonu besleyip Fed\u2019i (ABD Merkez Bankas\u0131) daha y\u00fcksek faizleri korumaya itebilece\u011fi i\u00e7in bu durum alt\u0131n \u00fczerinde bask\u0131 yarat\u0131r. Petrol \u201ct\u00fcrev \u00fcr\u00fcnleri\u201d (fiyat\u0131 ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 vadeli i\u015flem\/opsiyon gibi \u00fcr\u00fcnler) ile korunma yap\u0131labilir veya alt\u0131n \u00fczerindeki bask\u0131 i\u00e7in \u00f6nc\u00fc sinyal olarak izlenebilir.\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 dalga sonras\u0131 toparlanma: XAU\/USD 4.470 dolara \u00e7\u0131kt\u0131. ABD-\u0130ran gerilimi g\u00fcvenli liman talebini art\u0131r\u0131yor; ancak y\u00fckselen petrol, %4,5 tahvil faizi bask\u0131 yarat\u0131yor. Opsiyonla korunma g\u00fcndemde.<\/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-31095","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\/31095","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=31095"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/31095\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=31095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=31095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=31095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}