Filipinler\u2019de alt\u0131n fiyatlar\u0131, FXStreet verilerine g\u00f6re pazartesi g\u00fcn\u00fc genel olarak de\u011fi\u015fmedi. Gram alt\u0131n 9.007,78 PHP seviyesinde fiyatland\u0131; cuma g\u00fcn\u00fc 9.007,04 PHP idi.<\/p>\n
Tola (G\u00fcney Asya\u2019da kullan\u0131lan yakla\u015f\u0131k 11,66 graml\u0131k \u00f6l\u00e7\u00fc birimi) baz\u0131nda alt\u0131n 105.065,50 PHP\u2019den i\u015flem g\u00f6rd\u00fc; cuma g\u00fcn\u00fc 105.056,30 PHP idi. Di\u011fer fiyatlar 10 gram i\u00e7in 90.078,62 PHP ve troy ons (alt\u0131n gibi de\u011ferli metallerde kullan\u0131lan yakla\u015f\u0131k 31,1035 graml\u0131k \u00f6l\u00e7\u00fc birimi) i\u00e7in 280.174,80 PHP olarak listelendi.<\/p>\n
FXStreet, uluslararas\u0131 alt\u0131n fiyat\u0131n\u0131 USD\/PHP d\u00f6viz kuru (ABD dolar\u0131\/Filipin pesosu paritesi) \u00fczerinden yerel para birimine \u00e7evirip yerel \u00f6l\u00e7\u00fc birimlerine uyarlar. Fiyatlar, yay\u0131m an\u0131nda g\u00fcnl\u00fck g\u00fcncellenir; yaln\u0131zca referans niteli\u011findedir ve yerel piyasadaki ger\u00e7ek fiyatlar k\u00fc\u00e7\u00fck farkl\u0131l\u0131k g\u00f6sterebilir.<\/p>\n
Merkez bankalar\u0131 alt\u0131n\u0131n en b\u00fcy\u00fck sahipleridir ve rezervlerini \u00e7e\u015fitlendirmek i\u00e7in alt\u0131n alabilir. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re 2022\u2019de 1.136 ton (yakla\u015f\u0131k 70 milyar dolar) alt\u0131n eklediler; bu, kay\u0131tlar\u0131n tutulmaya ba\u015flamas\u0131ndan bu yana en y\u00fcksek y\u0131ll\u0131k toplamd\u0131r.<\/p>\n
Alt\u0131n \u00e7o\u011fu zaman ABD Dolar\u0131 ve ABD Hazine tahvilleriyle (Treasuries: ABD devlet tahvilleri) ters y\u00f6nde hareket eder; ayr\u0131ca riskli varl\u0131klarla (\u00f6r. hisse senetleri) da zaman zaman z\u0131t y\u00f6nde gidebilir. Jeopolitik geli\u015fmeler, resesyon (ekonomik daralma) endi\u015feleri, faiz oranlar\u0131 ve ABD dolar\u0131n\u0131n g\u00fcc\u00fc fiyat\u0131 etkiler; \u00e7\u00fcnk\u00fc alt\u0131n dolar cinsinden fiyatlan\u0131r (XAU\/USD: alt\u0131n\u0131n ABD dolar\u0131 kar\u015f\u0131s\u0131ndaki fiyat\u0131).<\/p>\n
Alt\u0131n fiyatlar\u0131ndaki mevcut sakinlik, daha g\u00fc\u00e7l\u00fc bir hareket \u00f6ncesi \u201ckonsolidasyon\u201d (fiyat\u0131n dar bir aral\u0131kta yatay seyretmesi) d\u00f6nemi olarak g\u00f6r\u00fcl\u00fcyor. Piyasa son y\u00fckseli\u015fleri sindirirken \u00e7eli\u015fkili ekonomik sinyalleri tart\u0131yor. Bu t\u00fcr d\u00fc\u015f\u00fck oynakl\u0131k (fiyat dalgalanmas\u0131n\u0131n zay\u0131f olmas\u0131) ortamlar\u0131 \u00e7o\u011fu zaman \u201ck\u0131r\u0131lma\u201d (fiyat\u0131n dar banttan \u00e7\u0131k\u0131p h\u0131zl\u0131 hareket etmesi) \u00f6ncesine denk gelir.<\/p>\n
Geriye bak\u0131ld\u0131\u011f\u0131nda, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz rotas\u0131na dair belirsizlik ana etkenlerden biri oldu. Fed 2024 boyunca faizleri %5\u2019in \u00fczerinde tutarken, 2025\u2019te faiz indirimlerinin yava\u015f ilerlemesi piyasan\u0131n bir sonraki ad\u0131m konusunda karars\u0131z kalmas\u0131na yol a\u00e7t\u0131. Piyasan\u0131n bu y\u0131l\u0131n ilerleyen d\u00f6neminde faiz indirimi d\u00f6ng\u00fcs\u00fcn\u00fcn (faizlerin kademeli d\u00fc\u015f\u00fcr\u00fclmesi) s\u00fcrece\u011fi beklentisinden sapma, fiyatlarda belirgin hareketler yaratabilir.<\/p>\n
Merkez bankalar\u0131ndan gelen g\u00fc\u00e7l\u00fc ve istikrarl\u0131 talep de fiyat\u0131n alt\u0131nda \u201ctaban\u201d (sert d\u00fc\u015f\u00fc\u015fleri s\u0131n\u0131rlayan al\u0131c\u0131 ilgisi) olu\u015fturuyor. D\u00fcnya Alt\u0131n Konseyi verilerine g\u00f6re merkez bankalar\u0131 2023 ve 2024\u2019te de rezervlerine 1.000 tonun \u00fczerinde alt\u0131n ekledi; bu e\u011filim 2025\u2019te de s\u00fcrd\u00fc. Geli\u015fen ekonomilerin \u00f6nc\u00fcl\u00fck etti\u011fi bu s\u00fcrekli al\u0131m i\u015ftah\u0131, sert d\u00fc\u015f\u00fc\u015flerin b\u00fcy\u00fck olas\u0131l\u0131kla al\u0131mla kar\u015f\u0131lanabilece\u011fine i\u015faret ediyor.<\/p>\n
ABD dolar\u0131yla ters y\u00f6nl\u00fc ili\u015fki \u00f6nemini koruyor. Fed\u2019in temkinli \u201cbekle-g\u00f6r\u201d duru\u015fu (faizde de\u011fi\u015fiklik yapmadan izleme), dolara bir miktar destek verdi. Ayn\u0131 zamanda hisse piyasalar\u0131 ge\u00e7en y\u0131lki g\u00fc\u00e7l\u00fc performans\u0131n ard\u0131ndan pahal\u0131\/\u015fi\u015fkin g\u00f6r\u00fcn\u00fcyor; bu da alt\u0131n\u0131n portf\u00f6y i\u00e7in \u201ckoruma arac\u0131\u201d (hedge: olas\u0131 zararlar\u0131 s\u0131n\u0131rlamak i\u00e7in kullan\u0131lan enstr\u00fcman) cazibesini art\u0131r\u0131yor. Olas\u0131 bir borsa d\u00fczeltmesi (h\u0131zl\u0131 geri \u00e7ekilme) g\u00fcvenli limana y\u00f6nelimi canland\u0131rarak alt\u0131n\u0131 destekleyebilir.<\/p>\n
T\u00fcrev i\u015flem yapanlar i\u00e7in (t\u00fcrev: de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) mevcut d\u00fc\u015f\u00fck \u201cz\u0131mni oynakl\u0131k\u201d (implied volatility: opsiyon fiyatlar\u0131ndan \u00e7\u0131kar\u0131lan beklenen dalgalanma) ortam\u0131 opsiyon stratejilerini \u00f6ne \u00e7\u0131kar\u0131yor. Uzun vadeli \u201cstraddle\u201d veya \u201cstrangle\u201d (opsiyon kombinasyonlar\u0131; y\u00f6n tahmini yapmadan b\u00fcy\u00fck fiyat hareketine oynama) almak, y\u00f6n tahmini yapmadan g\u00fc\u00e7l\u00fc bir fiyat sal\u0131n\u0131m\u0131na haz\u0131rlanmak i\u00e7in bir se\u00e7enek olabilir. Mevcut sakin piyasada bu pozisyonlar\u0131n maliyeti g\u00f6rece d\u00fc\u015f\u00fck kal\u0131yor.<\/p>\n
Y\u00fckseli\u015f beklentisi olanlar i\u00e7in ise \u201ccall spread\u201d (al\u0131m opsiyonu yay\u0131l\u0131m\u0131: bir al\u0131m opsiyonu al\u0131p daha y\u00fcksek kullan\u0131m fiyatl\u0131 ba\u015fka bir al\u0131m opsiyonu satarak maliyeti d\u00fc\u015f\u00fcrme ve riski s\u0131n\u0131rlama) daha kontroll\u00fc bir y\u00f6ntem sunar. Bu strateji, y\u00fckseli\u015ften faydalan\u0131rken dolar\u0131n beklenmedik \u015fekilde g\u00fc\u00e7lenmesi veya faizlerin uzun s\u00fcre y\u00fcksek kalmas\u0131 halinde azami zarar\u0131 s\u0131n\u0131rlar. Alt\u0131n i\u00e7in uzun vadede destekleyici g\u00f6r\u00fclen ortamda piyasaya temkinli kat\u0131l\u0131m sa\u011flar.<\/p>\n","protected":false},"excerpt":{"rendered":"
Filipinler\u2019de alt\u0131n yatay: gram 9.007,78 PHP. D\u00fc\u015f\u00fck oynakl\u0131k \u201ck\u0131r\u0131lma\u201d sinyali veriyor; Fed belirsizli\u011fi ve g\u00fc\u00e7l\u00fc merkez bankas\u0131 al\u0131mlar\u0131 taban olu\u015ftururken, dolar ters korelasyonu s\u00fcr\u00fcyor.<\/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-46864","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\/46864","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=46864"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46864\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}