Suudi Arabistan\u2019da alt\u0131n fiyatlar\u0131, FXStreet verilerine g\u00f6re Cuma g\u00fcn\u00fc genel olarak de\u011fi\u015fmedi. Alt\u0131n\u0131n gram fiyat\u0131 574,61 Suudi riyali (SAR) olurken, Per\u015fembe g\u00fcn\u00fc 575,00 SAR seviyesindeydi.<\/p>\n
Alt\u0131n, tola ba\u015f\u0131na 6.702,19 SAR ile bir \u00f6nceki g\u00fcnk\u00fc 6.706,69 SAR seviyesinden geriledi. Listelenen di\u011fer fiyatlar ise 10 gram i\u00e7in 5.746,14 SAR ve troy ons ba\u015f\u0131na 17.872,51 SAR oldu.<\/p>\n
FXStreet, Suudi alt\u0131n fiyatlar\u0131n\u0131, uluslararas\u0131 fiyatlar\u0131 USD\/SAR d\u00f6viz kuru (ABD dolar\u0131\/Suudi riyali paritesi) ve yerel \u00f6l\u00e7\u00fc birimlerine \u00e7evirerek hesaplar. Fiyatlar, yay\u0131m an\u0131ndaki piyasa kurlar\u0131yla g\u00fcnl\u00fck g\u00fcncellenir; yerel fiyatlar k\u00fc\u00e7\u00fck farklar g\u00f6sterebilir.<\/p>\n
Merkez bankalar\u0131, alt\u0131n rezervlerinin en b\u00fcy\u00fck sahipleridir. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton alt\u0131n eklediler; bu, kay\u0131tlar\u0131n tutulmaya ba\u015fland\u0131\u011f\u0131ndan beri en y\u00fcksek y\u0131ll\u0131k toplamd\u0131r.<\/p>\n
Alt\u0131n, \u00e7o\u011fu zaman ABD dolar\u0131 ve ABD Hazine tahvilleriyle (ABD\u2019nin bor\u00e7lanma ka\u011f\u0131tlar\u0131) ters y\u00f6nde hareket eder; ayr\u0131ca hisse senetleri gibi riskli varl\u0131klara kar\u015f\u0131 da farkl\u0131 y\u00f6nde hareket edebilir. Fiyatlar; jeopolitik geli\u015fmeler, resesyon (ekonomik daralma) endi\u015feleri ve faiz oranlar\u0131ndaki de\u011fi\u015fimlere de tepki verebilir.<\/p>\n
Alt\u0131n i\u00e7in temel destek, merkez bankalar\u0131n\u0131n devam eden al\u0131mlar\u0131 nedeniyle g\u00fc\u00e7l\u00fc kal\u0131yor. D\u00fcnya Alt\u0131n Konseyi\u2019nin ge\u00e7en hafta yay\u0131mlad\u0131\u011f\u0131 verilere g\u00f6re, d\u00fcnya genelindeki merkez bankalar\u0131 2026\u2019n\u0131n ilk \u00e7eyre\u011finde rezervlerine 228 ton alt\u0131n ekledi; bu da 2025 boyunca g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc al\u0131m e\u011filiminin s\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6steriyor. S\u00fcregelen bu talep, fiyatlar i\u00e7in g\u00fc\u00e7l\u00fc bir taban (a\u015fa\u011f\u0131 y\u00f6n\u00fc s\u0131n\u0131rlayan seviye) olu\u015fturuyor ve sert d\u00fc\u015f\u00fc\u015fleri daha az olas\u0131 k\u0131l\u0131yor.<\/p>\n
Buna kar\u015f\u0131n, ABD Merkez Bankas\u0131 Fed\u2019in (Federal Reserve) son d\u00f6nemde \u201c\u015fahin\u201d (faizleri y\u00fcksek tutmaya e\u011filimli, s\u0131k\u0131 para politikas\u0131n\u0131 savunan) tonunun fiyatlar \u00fczerinde \u00f6nemli bir bask\u0131 olu\u015fturdu\u011fu g\u00f6r\u00fcl\u00fcyor. 2025\u2019teki faiz indirimlerinden sonra piyasa ek gev\u015feme bekliyordu; ancak \u015eubat ve Mart enflasyon verilerinin y\u00fcksek kalmas\u0131, Fed\u2019i \u201cbekle-g\u00f6r\u201d sinyali vermeye itti. Bu durum k\u0131sa vadeli faiz beklentilerini yukar\u0131 \u00e7ekerek, alt\u0131n gibi faiz getirisi olmayan (elde tutana faiz\/kupon \u00f6demeyen) bir varl\u0131\u011f\u0131 ta\u015f\u0131may\u0131 daha maliyetli hale getiriyor.<\/p>\n
Fed politikas\u0131ndaki bu de\u011fi\u015fim, ABD dolar\u0131n\u0131 g\u00fc\u00e7lendirdi; dolar yak\u0131n zamanda para birimleri sepeti kar\u015f\u0131s\u0131nda d\u00f6rt ay\u0131n zirvesine \u00e7\u0131kt\u0131. G\u00fc\u00e7l\u00fc dolar, di\u011fer para birimlerini kullananlar i\u00e7in alt\u0131n\u0131 daha pahal\u0131 hale getirir; bu da genelde talebi azalt\u0131r. Bu ters ili\u015fki (dolar y\u00fckselirken alt\u0131n\u0131n bask\u0131lanmas\u0131) \u015fu an fiyat art\u0131\u015flar\u0131n\u0131 s\u0131n\u0131rl\u0131yor.<\/p>\n
Bununla birlikte, jeopolitik riskler \u201cg\u00fcvenli liman\u201d (belirsizlikte de\u011fer koruma arac\u0131) talebini canl\u0131 tutarak dengeleyici bir unsur olu\u015fturuyor. ABD ile \u00c7in aras\u0131ndaki ticaret geriliminin yeniden artmas\u0131 belirsizlik yarat\u0131yor ve baz\u0131 yat\u0131r\u0131mc\u0131lar\u0131 korunma aray\u0131\u015f\u0131na itiyor. Bu gerginlik, iki ay vadeli al\u0131m opsiyonu (call option: belirli fiyattan alma hakk\u0131 veren s\u00f6zle\u015fme) alman\u0131n, olas\u0131 ani t\u0131rman\u0131\u015fa kar\u015f\u0131 g\u00f6rece d\u00fc\u015f\u00fck maliyetli bir korunma (hedge: fiyat riskini azaltma) y\u00f6ntemi olabilece\u011fine i\u015faret ediyor.<\/p>\n
T\u00fcrev piyasas\u0131na (vadeli i\u015flem ve opsiyon gibi t\u00fcretilmi\u015f \u00fcr\u00fcnlerin i\u015flem g\u00f6rd\u00fc\u011f\u00fc piyasa) bak\u0131ld\u0131\u011f\u0131nda, alt\u0131n opsiyonlar\u0131nda z\u0131mni oynakl\u0131k (implied volatility: opsiyon fiyatlar\u0131n\u0131n ima etti\u011fi beklenen dalgalanma) 2025 sonundaki dip seviyelerden yukar\u0131 y\u00f6nl\u00fc k\u0131p\u0131rdad\u0131. Bu, yat\u0131r\u0131mc\u0131lar\u0131n mevcut sakin g\u00f6r\u00fcn\u00fcme ra\u011fmen daha b\u00fcy\u00fck bir fiyat hareketi bekledi\u011fini g\u00f6sterir. \u00d6n\u00fcm\u00fczdeki haftalarda her iki y\u00f6ne olas\u0131 k\u0131r\u0131lmadan (breakout: dar banttan g\u00fc\u00e7l\u00fc \u00e7\u0131k\u0131\u015f) faydalanabilecek stratejiler, \u00f6rne\u011fin uzun straddle (ayn\u0131 vade ve kullan\u0131m fiyat\u0131yla hem al\u0131m hem sat\u0131m opsiyonu alarak b\u00fcy\u00fck hareketten kazanmay\u0131 hedefleyen strateji), daha temkinli bir yakla\u015f\u0131m olabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Suudi Arabistan\u2019da alt\u0131n yatay: gram 574,61 SAR, tola 6.702 SAR. Merkez bankalar\u0131n\u0131n g\u00fc\u00e7l\u00fc al\u0131mlar\u0131 taban olu\u015ftururken, Fed\u2019in \u015fahin tonu ve g\u00fc\u00e7lenen dolar y\u00fckseli\u015fi s\u0131n\u0131rl\u0131yor; jeopolitik riskler destek veriyor.<\/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-44308","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\/44308","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=44308"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44308\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}