G\u00fcm\u00fc\u015f (XAG\/USD) \u00c7ar\u015famba g\u00fcn\u00fc ons (troy ons) ba\u015f\u0131na 86,28 dolardan i\u015flem g\u00f6rd\u00fc; Sal\u0131 g\u00fcnk\u00fc 86,57 dolara g\u00f6re %0,34 geriledi. Gram fiyat\u0131 2,77 dolar seviyesinde.<\/p>\n
G\u00fcm\u00fc\u015f, y\u0131lba\u015f\u0131ndan bu yana %21,38 y\u00fckseldi. Alt\u0131n\/G\u00fcm\u00fc\u015f oran\u0131 (gold\/silver ratio: alt\u0131n fiyat\u0131n\u0131n g\u00fcm\u00fc\u015f fiyat\u0131na b\u00f6l\u00fcnmesiyle iki metalin g\u00f6reli pahal\u0131\/ucuz durumunu g\u00f6steren g\u00f6sterge) \u00c7ar\u015famba g\u00fcn\u00fc 54,39\u2019a indi; Sal\u0131 g\u00fcn\u00fc 54,46 seviyesindeydi.<\/p>\n
G\u00fcm\u00fc\u015f, de\u011ferli metal olarak i\u015flem g\u00f6r\u00fcr; baz\u0131 d\u00f6nemlerde \u201cde\u011fer saklama arac\u0131\u201d (paran\u0131n al\u0131m g\u00fcc\u00fcn\u00fc korumak i\u00e7in tutulan varl\u0131k) ve \u201c\u00f6deme arac\u0131\u201d (al\u0131\u015fveri\u015fte kullan\u0131lan ara\u00e7) olarak g\u00f6r\u00fcl\u00fcr. Fiziki olarak sikke veya k\u00fcl\u00e7e \u015feklinde al\u0131nabilir; ayr\u0131ca fiyat\u0131n\u0131 takip eden borsa yat\u0131r\u0131m fonlar\u0131 (ETF: borsada hisse gibi al\u0131n\u0131p sat\u0131lan, bir varl\u0131\u011f\u0131n fiyat\u0131n\u0131 izleyen fon) \u00fczerinden de al\u0131m-sat\u0131m\u0131 yap\u0131l\u0131r.<\/p>\n
Fiyatlar; jeopolitik risk (sava\u015f, yapt\u0131r\u0131m, siyasi gerilim gibi belirsizlikler), durgunluk endi\u015fesi (ekonomik b\u00fcy\u00fcmenin zay\u0131flamas\u0131) ve faiz oranlar\u0131ndaki de\u011fi\u015fimlerden etkilenebilir. G\u00fcm\u00fc\u015f ABD dolar\u0131yla fiyatland\u0131\u011f\u0131 i\u00e7in (USD), dolar\u0131n g\u00fc\u00e7lenmesi\/zay\u0131flamas\u0131 da XAG\/USD paritesini etkiler.<\/p>\n
Sanayi talebi de \u00f6nemli bir etkendir. G\u00fcm\u00fc\u015f, y\u00fcksek elektrik iletkenli\u011fi (elektri\u011fi \u00e7ok iyi iletme \u00f6zelli\u011fi) nedeniyle elektronik ve g\u00fcne\u015f enerjisinde kullan\u0131l\u0131r. Madencilik ve geri d\u00f6n\u00fc\u015f\u00fcm kaynakl\u0131 arz ile ABD, \u00c7in ve Hindistan\u2019daki talep e\u011filimleri de fiyat\u0131 de\u011fi\u015ftirebilir.<\/p>\n
G\u00fcm\u00fc\u015f, \u00e7o\u011fu zaman alt\u0131nla ayn\u0131 y\u00f6nde hareket eder. Alt\u0131n\/G\u00fcm\u00fc\u015f oran\u0131, iki metalin g\u00f6reli de\u011ferini kar\u015f\u0131la\u015ft\u0131rmak i\u00e7in izlenir.<\/p>\n
Bu y\u0131lki g\u00fc\u00e7l\u00fc y\u00fckseli\u015fin ard\u0131ndan g\u00fcm\u00fc\u015fte bug\u00fcn s\u0131n\u0131rl\u0131 bir geri \u00e7ekilme g\u00f6r\u00fcl\u00fcyor. Bu, y\u00fckseli\u015fin s\u00fcr\u00fcp s\u00fcrmeyece\u011fi ya da bir d\u00fczeltmenin (h\u0131zl\u0131 y\u00fckseli\u015f sonras\u0131 ge\u00e7ici geri \u00e7ekilme) gelip gelmeyece\u011fi sorusunu \u00f6ne \u00e7\u0131kar\u0131yor. Yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan konu, k\u00e2r\u0131 korumak m\u0131 yoksa yeni bir y\u00fckseli\u015f dalgas\u0131 i\u00e7in pozisyon almak m\u0131 sorusuna d\u00f6n\u00fcyor.<\/p>\n
\u00d6ne \u00e7\u0131kan ba\u015fl\u0131k sanayi talebi; \u00f6zellikle \u201cye\u015fil enerji\u201d (yenilenebilir enerji) taraf\u0131. K\u00fcresel g\u00fcne\u015f enerjisi kurulumlar\u0131n\u0131n bu y\u0131l 500 gigavat\u0131 a\u015fmas\u0131 bekleniyor. Gigavat, \u00e7ok b\u00fcy\u00fck elektrik g\u00fcc\u00fcn\u00fc anlatan bir \u00f6l\u00e7\u00fcd\u00fcr. Bu art\u0131\u015f, g\u00fcm\u00fc\u015f\u00fcn sanayideki kullan\u0131m\u0131n\u0131 do\u011frudan destekler ve fiyatlar i\u00e7in temel destek (uzun vadeli arz-talep kaynakl\u0131 destek) olu\u015fturur.<\/p>\n
ABD Merkez Bankas\u0131 (Fed), faizi \u015fimdilik sabit tutuyor. Ancak vadeli piyasalarda (futures: gelecekte belirli fiyattan al\u0131m-sat\u0131m beklentisini yans\u0131tan s\u00f6zle\u015fmeler) Eyl\u00fcl\u2019e kadar faiz indirimi ihtimali %65 olarak fiyatlan\u0131yor. Daha gev\u015fek para politikas\u0131 (faizlerin d\u00fc\u015fmesi, finansmana eri\u015fimin kolayla\u015fmas\u0131) faiz getirisi olmayan (non-yielding: faiz\/kupon \u00f6demeyen) g\u00fcm\u00fc\u015f gibi varl\u0131klara talebi art\u0131rabilir. Faiz indirimleri sonras\u0131 s\u0131k g\u00f6r\u00fclen dolar zay\u0131flamas\u0131 da g\u00fcm\u00fc\u015fe ek destek sa\u011flayabilir.<\/p>\n
Alt\u0131n\/G\u00fcm\u00fc\u015f oran\u0131n\u0131n 54,39\u2019a gerilemesi, g\u00fcm\u00fc\u015f\u00fcn alt\u0131na k\u0131yasla daha g\u00fc\u00e7l\u00fc performans g\u00f6sterdi\u011fine i\u015faret ediyor. Ge\u00e7en y\u0131l 2025\u2019te oran\u0131n 70\u2019e daha yak\u0131n seyretti\u011fi hat\u0131rland\u0131\u011f\u0131nda, hareketin ne kadar sert oldu\u011fu daha net g\u00f6r\u00fcl\u00fcyor. Bu tablo, alt\u0131n\u0131n toparlanmas\u0131 ya da g\u00fcm\u00fc\u015fte y\u00fckseli\u015fin duraklamas\u0131 durumunda fayda sa\u011flayabilecek yakla\u015f\u0131mlar\u0131 g\u00fcndeme getirebilir.<\/p>\n
G\u00fc\u00e7l\u00fc y\u00fckseli\u015f sonras\u0131 risk y\u00f6netimi i\u00e7in koruyucu sat\u0131m (put) opsiyonu almak d\u00fc\u015f\u00fcn\u00fclebilir. Put opsiyonu, belirli bir fiyattan satma hakk\u0131 vererek olas\u0131 d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 g\u00fcvence sa\u011flar. Trendin s\u00fcrece\u011fini ama dalgalanman\u0131n artaca\u011f\u0131n\u0131 bekleyenler i\u00e7in, daha d\u00fc\u015f\u00fck \u201ckullan\u0131m fiyat\u0131\u201d (strike: opsiyonun ge\u00e7erli oldu\u011fu fiyat) seviyesinden nakit teminatl\u0131 put sat\u0131\u015f\u0131 (cash-secured put: olas\u0131 al\u0131m i\u00e7in nakit ay\u0131rarak put satma) gelir yaratabilir. Dalgalanman\u0131n (volatilite: fiyat\u0131n h\u0131zl\u0131 ve s\u0131k de\u011fi\u015fmesi) y\u00fcksek kalmas\u0131, opsiyon stratejilerini risk y\u00f6netiminde \u00f6ne \u00e7\u0131kar\u0131r.<\/p>\n","protected":false},"excerpt":{"rendered":"
G\u00fcm\u00fc\u015fte soluklanma m\u0131, yeni ralli mi? XAG\/USD 86,28 dolara %0,34 geriledi, YTD %21,38 art\u0131da. Alt\u0131n\/g\u00fcm\u00fc\u015f oran\u0131 54,39\u2019a indi. Sanayi talebi, Fed indirimi beklentisi izleniyor.<\/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-46594","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\/46594","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=46594"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46594\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}