Alt\u0131n, pazartesi g\u00fcn\u00fc Asya erken i\u015flemlerinde 4.700 dolar\u0131n alt\u0131na indi ve 4.680 dolar civar\u0131nda i\u015flem g\u00f6rd\u00fc. Hareket, Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fmalar s\u00fcrerken ve yat\u0131r\u0131mc\u0131lar \u00e7ar\u015famba g\u00fcn\u00fc ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz karar\u0131n\u0131 beklerken geldi; faizlerde de\u011fi\u015fiklik beklenmiyor.<\/p>\n
\u0130ran sava\u015f\u0131yla ba\u011flant\u0131l\u0131 bar\u0131\u015f g\u00f6r\u00fc\u015fmelerinin t\u0131kand\u0131\u011f\u0131 bildirildi. ABD Ba\u015fkan\u0131 Donald Trump, g\u00f6r\u00fc\u015fmelere arabuluculuk yapan Pakistan\u2019a yap\u0131lmas\u0131 planlanan geziyi Jared Kushner ve Steve Witkoff\u2019un atlamas\u0131n\u0131 istedi ve \u0130ran\u2019\u0131n \u201c\u00e7ok \u015fey teklif etti\u011fini ama yeterli olmad\u0131\u011f\u0131n\u0131\u201d s\u00f6yledi. \u0130ran Cumhurba\u015fkan\u0131 Mesud Peze\u015fkiyan ise \u0130ran\u2019\u0131n \u201ctehdit veya abluka alt\u0131nda dayat\u0131lan m\u00fczakerelere\u201d girmeyece\u011fini belirtti.<\/p>\n
BBC\u2019ye g\u00f6re \u0130srail Ba\u015fbakan\u0131 Binyamin Netanyahu, L\u00fcbnan\u2019da \u201cHizbullah hedefleri\u201d olarak tan\u0131mlad\u0131\u011f\u0131 noktalara orduya \u201csert \u015fekilde sald\u0131r\u0131\u201d emri verdi\u011fini s\u00f6yledi. Artan gerilim petrol fiyatlar\u0131n\u0131 destekledi. Petrol\u00fcn pahalanmas\u0131 enflasyon (fiyat art\u0131\u015f h\u0131z\u0131) endi\u015fesini art\u0131r\u0131r ve faiz indirimi ihtimalini zay\u0131flat\u0131r. Alt\u0131n ise faiz getirisi (kupon\/faiz geliri) sa\u011flamaz.<\/p>\n
Fed\u2019in nisan toplant\u0131s\u0131nda faizi sabit tutmas\u0131 bekleniyor. Piyasalar, enerji maliyetleri ve faiz g\u00f6r\u00fcn\u00fcm\u00fcne dair mesajlar i\u00e7in bas\u0131n toplant\u0131s\u0131n\u0131 izleyecek. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re merkez bankalar\u0131 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton alt\u0131n ald\u0131; bu, y\u0131ll\u0131k bazda rekor al\u0131m.<\/p>\n
Bu z\u0131t etkiler nedeniyle, alt\u0131n vadeli i\u015flemleri (belirli tarihte belirli fiyattan al\u0131m-sat\u0131m\u0131 konu alan s\u00f6zle\u015fmeler) \u00fczerinde straddle veya strangle al\u0131m\u0131n\u0131 uygun bir strateji olarak g\u00f6r\u00fcyoruz. Straddle\/strangle, opsiyon (belirli fiyattan alma ya da satma hakk\u0131 veren s\u00f6zle\u015fme) kullanarak fiyat\u0131n hangi y\u00f6ne gitti\u011finden ba\u011f\u0131ms\u0131z, g\u00fc\u00e7l\u00fc bir hareketten k\u00e2r etme hedefi ta\u015f\u0131r. Bu, Fed\u2019in \u201c\u015fahin\u201d (faizleri daha uzun s\u00fcre y\u00fcksek tutmay\u0131 savunan) bir s\u00fcrprizi ya da Orta Do\u011fu\u2019da yeni bir t\u0131rman\u0131\u015fla m\u00fcmk\u00fcn olabilir. Z\u0131mni oynakl\u0131k (opsiyon fiyatlar\u0131na yans\u0131yan beklenen dalgalanma) y\u00fcksek, ancak \u00f6n\u00fcm\u00fczdeki haftalardaki riskleri h\u00e2l\u00e2 tam yans\u0131tm\u0131yor olabilir.<\/p>\n
Daha d\u00fc\u015f\u00fc\u015f beklentisi olanlar i\u00e7in bear put spread, 4.750 dolar seviyesine do\u011fru geri \u00e7ekilmeye kar\u015f\u0131 s\u0131n\u0131rl\u0131 riskle pozisyon alma yoludur. Bear put spread, maliyeti d\u00fc\u015f\u00fcrmek i\u00e7in bir sat\u0131m opsiyonu al\u0131p daha d\u00fc\u015f\u00fck fiyattan ba\u015fka bir sat\u0131m opsiyonu satma stratejisidir; k\u00e2r ve zarar \u00f6nceden s\u0131n\u0131rl\u0131d\u0131r. Ancak D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re merkez bankalar\u0131n\u0131n 2026 ilk \u00e7eyre\u011finde net 290 ton daha al\u0131m yapt\u0131\u011f\u0131n\u0131 unutmamak gerekir. Bu d\u00fczenli al\u0131m, sert d\u00fc\u015f\u00fc\u015flerde fiyat\u0131n daha fazla gerilemesini s\u0131n\u0131rlayabilir.<\/p>\n
Ayr\u0131ca ABD Dolar Endeksi\u2019ni (dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 g\u00fcc\u00fcn\u00fc g\u00f6steren g\u00f6sterge) yak\u0131ndan izliyoruz. Endeks iki haftad\u0131r 105,50 civar\u0131nda yatay seyrediyor. Fed\u2019in \u015fahin kalmas\u0131yla yukar\u0131 y\u00f6nl\u00fc net bir k\u0131r\u0131lma, alt\u0131n \u00fczerinde belirgin bask\u0131 yaratabilir. Buna kar\u015f\u0131l\u0131k ekonomide zay\u0131flama i\u015faretleriyle dolar\u0131n gerilemesi, alt\u0131n i\u00e7in g\u00fc\u00e7l\u00fc bir destek olur.<\/p>\n
Canl\u0131 VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0hemen i\u015flem yapmaya ba\u015flay\u0131n<\/a>. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Alt\u0131nda sert r\u00fczg\u00e2r: Fiyat 4.680 dolara gerilerken g\u00f6zler Fed\u2019de. Orta Do\u011fu gerilimi petrol ve enflasyon bask\u0131s\u0131 yarat\u0131yor. Y\u00fcksek volatilitede straddle\/strangle, d\u00fc\u015f\u00fc\u015fe bear put spread \u00f6ne \u00e7\u0131k\u0131yor. Dolar endeksi kritik, merkez bankas\u0131 al\u0131mlar\u0131 d\u00fc\u015f\u00fc\u015f\u00fc s\u0131n\u0131rlayabilir.<\/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-45492","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\/45492","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=45492"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45492\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}