Malezya\u2019da alt\u0131n fiyatlar\u0131, FXStreet verilerine g\u00f6re pazartesi g\u00fcn\u00fc geriledi. Gram alt\u0131n 586,00 MYR oldu; cuma g\u00fcn\u00fc 586,74 MYR seviyesindeydi. <\/p>\n
Alt\u0131n, tola (G\u00fcney Asya\u2019da yayg\u0131n bir a\u011f\u0131rl\u0131k \u00f6l\u00e7\u00fcs\u00fc) ba\u015f\u0131na da 6.834,95 MYR\u2019ye d\u00fc\u015ft\u00fc; cuma g\u00fcn\u00fc 6.843,63 MYR\u2019ydi. FXStreet, 10 gram i\u00e7in 5.859,96 MYR ve ons (troy ons; de\u011ferli metallerde kullan\u0131lan yakla\u015f\u0131k 31,1 graml\u0131k \u00f6l\u00e7\u00fc) ba\u015f\u0131na 18.226,54 MYR listeledi. <\/p>\n
FXStreet, uluslararas\u0131 alt\u0131n fiyat\u0131n\u0131 USD\/MYR (ABD dolar\u0131\/Malezya ringgiti) kuru ile \u00e7evirip yerel \u00f6l\u00e7\u00fc birimlerine uyarlayarak hesaplama yap\u0131yor. Veriler yay\u0131mlanma an\u0131nda g\u00fcnl\u00fck g\u00fcncellenir ve referans ama\u00e7l\u0131d\u0131r; yerel piyasa fiyatlar\u0131 az da olsa farkl\u0131 olabilir. <\/p>\n
Merkez bankalar\u0131 alt\u0131n\u0131n en b\u00fcy\u00fck sahipleridir. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re 2022\u2019de 1.136 ton alt\u0131n eklediler; bu tutar\u0131n de\u011feri yakla\u015f\u0131k 70 milyar dolar. Bu, kay\u0131tlar\u0131n tutulmaya ba\u015fland\u0131\u011f\u0131ndan beri en y\u00fcksek y\u0131ll\u0131k al\u0131m oldu. <\/p>\n
Alt\u0131n \u00e7o\u011fu zaman ABD dolar\u0131 ve ABD Hazine tahvilleriyle (Treasuries; ABD devlet bor\u00e7lanma k\u00e2\u011f\u0131tlar\u0131) ters y\u00f6nde hareket eder. Hisseler gibi riskli varl\u0131klar\u0131n tersine de hareket edebilir. Alt\u0131n faiz getirisi (yield; d\u00fczenli getiri\/faiz) sa\u011flamad\u0131\u011f\u0131 i\u00e7in jeopolitik geli\u015fmeler, durgunluk (recession) endi\u015feleri ve faiz de\u011fi\u015fimleri fiyat\u0131 etkileyebilir. <\/p>\n
\u0130zlenecek ana unsur, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz politikas\u0131ndaki de\u011fi\u015fen tutum. Fed, 2025\u2019in b\u00fcy\u00fck b\u00f6l\u00fcm\u00fcnde hizmet sekt\u00f6r\u00fcndeki kal\u0131c\u0131 enflasyonla (fiyat art\u0131\u015f\u0131) m\u00fccadele i\u00e7in faizi sabit tutarken, vadeli i\u015flemler piyasas\u0131 (futures; ileri tarihli al\u0131m-sat\u0131m s\u00f6zle\u015fmeleri) 2026\u2019n\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011fine kadar faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 %60\u2019\u0131n \u00fczerinde fiyatl\u0131yor. Faiz beklentisi d\u00fc\u015ft\u00fck\u00e7e, faiz getirisi olmayan alt\u0131n daha cazip hale gelir. <\/p>\n
Bu durum ABD dolar\u0131n\u0131 zay\u0131flat\u0131yor: Dolar, marttan bu yana para birimleri sepetine kar\u015f\u0131 %3\u2019ten fazla geriledi. Alt\u0131n dolar cinsinden fiyatland\u0131\u011f\u0131 i\u00e7in bu tablo alt\u0131na destek veriyor. Ayr\u0131ca 2022\u2019de rekor k\u0131ran ve 2025 boyunca g\u00fc\u00e7l\u00fc kalan merkez bankas\u0131 al\u0131mlar\u0131 piyasada d\u00fc\u015f\u00fc\u015fleri kar\u015f\u0131layan bir talep taban\u0131 olu\u015fturuyor. <\/p>\n
T\u00fcrev \u00fcr\u00fcn (derivative; de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 finansal s\u00f6zle\u015fme) i\u015flemi yapanlar i\u00e7in bu ortam, uzun vadeli al\u0131m opsiyonu (call option; belirli fiyattan alma hakk\u0131) almay\u0131 daha temkinli bir tercih haline getiriyor. 2026 sonu veya 2027 ba\u015f\u0131nda vadesi dolan s\u00f6zle\u015fmeler, Fed\u2019in ger\u00e7ekten gev\u015feme d\u00f6ng\u00fcs\u00fcne (easing; faiz indirimi s\u00fcreci) girmesi halinde olas\u0131 y\u00fckseli\u015fi yakalayabilir. Bu y\u00f6ntem, \u00f6denen primle (premium; opsiyon bedeli) riskin \u00fcst s\u0131n\u0131r\u0131n\u0131 belirlerken yukar\u0131 y\u00f6nl\u00fc potansiyeli b\u00fcy\u00fct\u00fcr. <\/p>\n
Alt\u0131n opsiyonlar\u0131nda ima edilen oynakl\u0131k (implied volatility; piyasan\u0131n bekledi\u011fi fiyat dalgalanmas\u0131) bu olas\u0131 politika de\u011fi\u015fimini tam yans\u0131tm\u0131\u015f de\u011fil; GVZ endeksi (alt\u0131n oynakl\u0131k g\u00f6stergesi) \u015fu anda 1 y\u0131ll\u0131k ortalamas\u0131n\u0131n alt\u0131nda. Bu da al\u0131m spread\u2019i (call spread; iki al\u0131m opsiyonunu birlikte kullanarak maliyeti d\u00fc\u015f\u00fcren strateji) veya do\u011frudan al\u0131m opsiyonu al\u0131m\u0131n\u0131 g\u00f6rece ucuz k\u0131l\u0131yor. Oynakl\u0131kta ani art\u0131\u015f olursa, prim sat\u0131\u015f\u0131 (selling premium; opsiyon satarak prim geliri hedeflemek) i\u00e7in f\u0131rsatlar do\u011fabilir. <\/p>\n
\u00d6n\u00fcm\u00fczdeki haftalarda ABD enflasyon ve istihdam verileri yak\u0131ndan izlenecek. Ekonomide yava\u015flama sinyalleri, Fed\u2019in faiz indirimine y\u00f6nelik beklentileri g\u00fc\u00e7lendirip alt\u0131n\u0131 yukar\u0131 \u00e7ekebilir. <\/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":" Malezya\u2019da alt\u0131n fiyatlar\u0131 haftaya d\u00fc\u015f\u00fc\u015fle ba\u015flad\u0131: gram 586,00 MYR, tola 6.834,95 MYR. Ancak Fed\u2019in olas\u0131 faiz indirimleri, zay\u0131f dolar ve merkez bankas\u0131 al\u0131mlar\u0131 alt\u0131na 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-46036","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\/46036","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=46036"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46036\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}