Birle\u015fik Arap Emirlikleri\u2019nde alt\u0131n fiyatlar\u0131 Cuma g\u00fcn\u00fc FXStreet verilerine g\u00f6re geriledi. Gram alt\u0131n 544,87 AED\u2019ye indi; Per\u015fembe g\u00fcn\u00fc 545,87 AED seviyesindeydi.<\/p>\n
Tola fiyat\u0131 6.355,23 AED\u2019ye d\u00fc\u015ft\u00fc; bir g\u00fcn \u00f6nce 6.366,94 AED\u2019ydi. Di\u011fer fiyatlar: 10 gram 5.448,68 AED ve troy ons (k\u00fcresel piyasalarda kullan\u0131lan yakla\u015f\u0131k 31,1 graml\u0131k a\u011f\u0131rl\u0131k birimi) 16.946,79 AED.<\/p>\n
FXStreet, uluslararas\u0131 alt\u0131n fiyatlar\u0131n\u0131 USD\/AED kuru (ABD dolar\u0131\/Birle\u015fik Arap Emirlikleri dirhemi) ve yerel \u00f6l\u00e7\u00fc birimleriyle BAE dirhemine \u00e7evirir. Rakamlar, yay\u0131mlanma an\u0131ndaki piyasa kurlar\u0131na g\u00f6re her g\u00fcn g\u00fcncellenir; yerel fiyatlar az da olsa farkl\u0131 olabilir.<\/p>\n
Merkez bankalar\u0131 en b\u00fcy\u00fck alt\u0131n sahipleridir. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re merkez bankalar\u0131 2022\u2019de rezervlerine 1.136 ton alt\u0131n ekledi; bu, yakla\u015f\u0131k 70 milyar dolar de\u011ferindeydi ve y\u0131ll\u0131k bazda rekor seviyedir.<\/p>\n
Alt\u0131n \u00e7o\u011fu zaman ABD Dolar\u0131 ve ABD Hazine tahvilleri (Treasuries; ABD devlet tahvilleri) ile ters y\u00f6nde hareket eder; ayr\u0131ca hisse senetleri gibi riskli varl\u0131klara kar\u015f\u0131 da farkl\u0131 y\u00f6nde hareket edebilir. Fiyat\u0131 etkileyen ana ba\u015fl\u0131klar jeopolitik geli\u015fmeler, resesyon (ekonomik daralma) endi\u015feleri, faiz oranlar\u0131 ve ABD Dolar\u0131 hareketleridir. Alt\u0131n dolar cinsinden fiyatland\u0131\u011f\u0131 i\u00e7in (XAU\/USD; alt\u0131n\u0131n dolar kar\u015f\u0131s\u0131ndaki fiyat\u0131) kurdaki de\u011fi\u015fim alt\u0131n\u0131 do\u011frudan etkiler.<\/p>\n
Alt\u0131ndaki s\u0131n\u0131rl\u0131 geri \u00e7ekilme, genel tabloya k\u0131yasla k\u00fc\u00e7\u00fck bir hareket. \u00d6n\u00fcm\u00fczdeki haftalarda ABD faiz politikas\u0131na ili\u015fkin beklentiler ve merkez bankalar\u0131n\u0131n g\u00fc\u00e7l\u00fc al\u0131m i\u015ftah\u0131 belirleyici olabilir. Bu ortam, fiyat oynakl\u0131\u011f\u0131n\u0131 art\u0131rabilir; bu da t\u00fcrev \u00fcr\u00fcn (vadeli i\u015flem ve opsiyon gibi, de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) i\u015flemi yapan yat\u0131r\u0131mc\u0131lar i\u00e7in f\u0131rsat yarat\u0131r.<\/p>\n
ABD Merkez Bankas\u0131 (Fed), 2024\u2019teki son faiz art\u0131\u015f\u0131ndan sonra faizi sabit tutuyor; politika faizi (Fed funds rate; bankalar\u0131n birbirine gecelik bor\u00e7 verme faizinin hedef aral\u0131\u011f\u0131) yakla\u015f\u0131k %5,50 seviyesinde. Piyasa \u015fimdi yava\u015flayan ekonomiyi desteklemek i\u00e7in olas\u0131 faiz indirimlerinin ne zaman ve ne h\u0131zda gelece\u011fine odaklanm\u0131\u015f durumda. Faiz indirimi beklentisi alt\u0131n i\u00e7in genelde olumlu g\u00f6r\u00fcl\u00fcr; \u00e7\u00fcnk\u00fc faiz getirmeyen alt\u0131n\u0131 elde tutman\u0131n \u201cf\u0131rsat maliyeti\u201d (faiz gelirinden vazge\u00e7me maliyeti) d\u00fc\u015fer.<\/p>\n
Bu beklenti ABD dolar\u0131 \u00fczerinde de bask\u0131 yarat\u0131yor; dolar 2025\u2019te g\u00f6rd\u00fc\u011f\u00fc zirvelerden geri \u00e7ekildi. Dolar Endeksi (DXY; dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 de\u011ferini g\u00f6steren endeks) 102 civar\u0131nda yatay seyrediyor; bu, faiz art\u0131r\u0131mlar\u0131n\u0131n en yo\u011fun oldu\u011fu d\u00f6nemde g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc seviyelere g\u00f6re belirgin bir de\u011fi\u015fim. Zay\u0131f dolar genellikle alt\u0131n fiyat\u0131n\u0131 destekler.<\/p>\n
Piyasay\u0131 ta\u015f\u0131yan bir di\u011fer unsur, merkez bankalar\u0131n\u0131n s\u00fcren alt\u0131n al\u0131mlar\u0131. D\u00fcnya Alt\u0131n Konseyi, merkez bankalar\u0131n\u0131n ge\u00e7en y\u0131l toplam 1.050 ton daha alt\u0131n ekledi\u011fini a\u00e7\u0131klad\u0131. \u00d6zellikle geli\u015fen \u00fclkelerden gelen bu d\u00fczenli talep, fiyat\u0131n alt\u0131n\u0131 g\u00fc\u00e7lendirir ve sert d\u00fc\u015f\u00fc\u015flerde al\u0131mlar\u0131n gelme olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131r.<\/p>\n
Son y\u0131llardan ta\u015f\u0131nan jeopolitik gerilimler nedeniyle alt\u0131n\u0131n \u201cg\u00fcvenli liman\u201d (belirsizlikte tercih edilen varl\u0131k) rol\u00fc \u00f6nemini koruyor. K\u00fcresel \u00e7at\u0131\u015fmalarda t\u0131rmanma veya beklenmedik siyasi riskler, fiyat\u0131 h\u0131zl\u0131 yukar\u0131 itebilir. Bu nedenle alt\u0131n taraf\u0131nda y\u00fckseli\u015f y\u00f6nl\u00fc bir pozisyonu korumak, riskten korunma (hedge; olas\u0131 kay\u0131plar\u0131 s\u0131n\u0131rlamak i\u00e7in yap\u0131lan dengeleme) amac\u0131yla de\u011ferlendirilebilir.<\/p>\n
Yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan bu, al\u0131m opsiyonu (call option; belirli bir fiyattan alma hakk\u0131 veren s\u00f6zle\u015fme) almak veya bo\u011fa call spread (bir call al\u0131p daha y\u00fcksek kullan\u0131m fiyatl\u0131 ba\u015fka bir call satmak; maliyeti d\u00fc\u015f\u00fcr\u00fcr, kazanc\u0131 s\u0131n\u0131rlar) kurmak gibi y\u00f6ntemleri \u00f6ne \u00e7\u0131karabilir. Ayr\u0131ca sert d\u00fc\u015f\u00fc\u015flerde nakit teminatl\u0131 put sat\u0131\u015f\u0131 (cash-secured put; olas\u0131 al\u0131m i\u00e7in nakit ay\u0131rarak sat\u0131\u015f opsiyonu satmak) da, oynakl\u0131ktan yararlanmak ve merkez bankas\u0131 talebinin yaratt\u0131\u011f\u0131 deste\u011fi de\u011ferlendirmek i\u00e7in d\u00fc\u015f\u00fcn\u00fclebilir. Piyasa yukar\u0131 y\u00f6n i\u00e7in uygun g\u00f6r\u00fcnse de seyir dalgal\u0131 olabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
BAE\u2019de alt\u0131n geri \u00e7ekildi: gram 544,87 AED, tola 6.355 AED. Ancak as\u0131l hik\u00e2ye Fed\u2019in olas\u0131 faiz indirimleri, zay\u0131f dolar ve merkez bankas\u0131 al\u0131mlar\u0131yla y\u00fckseli\u015f-tepki potansiyeli. Oynakl\u0131k artabilir.<\/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-45929","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\/45929","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=45929"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45929\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}