Suudi Arabistan\u2019da alt\u0131n fiyatlar\u0131, FXStreet\u2019in derlemesine g\u00f6re Pazartesi g\u00fcn\u00fc hafif geriledi. Gram alt\u0131n SAR 520,53 seviyesine inerek Cuma g\u00fcnk\u00fc SAR 522,68\u2019in alt\u0131na d\u00fc\u015ferken, tola fiyat\u0131 da SAR 6.071,31\u2019e gerileyerek SAR 6.096,47\u2019den a\u015fa\u011f\u0131 geldi. FXStreet ayr\u0131ca 10 gram alt\u0131n\u0131 SAR 5.205,26 ve troy onsu SAR 16.190,33 olarak hesaplad\u0131; hesaplamalar, uluslararas\u0131 fiyatlar\u0131n USD\/SAR kuru ve yerel \u00f6l\u00e7\u00fc birimlerine uyarlanmas\u0131yla t\u00fcretildi. Fiyatlar, yay\u0131mlanma an\u0131nda g\u00fcnl\u00fck olarak g\u00fcncellenir ve referans seviyeler olarak sunulur; yerel kotasyonlar k\u00fc\u00e7\u00fck farkl\u0131l\u0131klar g\u00f6sterebilir.<\/p>\n
Alt\u0131n piyasas\u0131na ili\u015fkin ba\u011flam, alt\u0131n\u0131n de\u011fer saklama arac\u0131, enflasyona ve para birimi de\u011fer kayb\u0131na kar\u015f\u0131 korunma (hedge) ve g\u00fcvenli liman niteli\u011fi etraf\u0131nda \u015fekillenmeye devam ediyor. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re merkez bankalar\u0131 en b\u00fcy\u00fck alt\u0131n sahipleri olmay\u0131 s\u00fcrd\u00fcr\u00fcrken, 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton al\u0131m yaparak kay\u0131tlardaki en y\u00fcksek y\u0131ll\u0131k al\u0131m\u0131 ger\u00e7ekle\u015ftirdi. Alt\u0131n genellikle ABD Dolar\u0131 ve ABD Hazine tahvilleriyle ters korelasyon g\u00f6sterir ve riskli varl\u0131klar\u0131n ters y\u00f6n\u00fcnde de hareket edebilir; getirisi olmayan bir varl\u0131k olmas\u0131 nedeniyle \u00e7o\u011fu zaman d\u00fc\u015f\u00fck faizlerden destek bulur, bor\u00e7lanma maliyetleri y\u00fckseldi\u011finde ise bask\u0131 g\u00f6rebilir.<\/p>\n
Alt\u0131n fiyatlar\u0131ndaki son s\u0131n\u0131rl\u0131 d\u00fc\u015f\u00fc\u015f\u00fc, daha b\u00fcy\u00fck ve daha anlaml\u0131 bir trend i\u00e7inde ge\u00e7ici bir geri \u00e7ekilme olarak g\u00f6r\u00fcyoruz. Bu k\u00fc\u00e7\u00fck d\u00fczeltme, temel zay\u0131fl\u0131ktan ziyade k\u0131sa vadeli k\u00e2r realizasyonlar\u0131yla daha yak\u0131ndan ili\u015fkili. Alt\u0131n i\u00e7in ana s\u00fcr\u00fckleyiciler, ABD Dolar\u0131 ile ters ili\u015fki ve faiz beklentileri olmaya devam ediyor.<\/p>\n
Piyasa, ekonomide yava\u015flamaya i\u015faret eden son ABD verilerinden g\u00fc\u00e7l\u00fc bi\u00e7imde etkileniyor. \u00d6rne\u011fin, May\u0131s 2026 tar\u0131m d\u0131\u015f\u0131 istihdam raporu istihdam art\u0131\u015f\u0131n\u0131n yaln\u0131zca 150 bin oldu\u011funu g\u00f6sterdi; bu rakam 180 binlik piyasa beklentisinin belirgin \u015fekilde alt\u0131nda kalarak, Fed\u2019in y\u0131l sonundan \u00f6nce faiz indirimi yapmak zorunda kalabilece\u011fine y\u00f6nelik spek\u00fclasyonlar\u0131 art\u0131rd\u0131. Bu geli\u015fme ABD Dolar Endeksi\u2019ni 101,5 civar\u0131na iterken, alt\u0131n i\u00e7in g\u00fc\u00e7l\u00fc bir destek r\u00fczg\u00e2r\u0131 yaratt\u0131.<\/p>\n
Merkez bankalar\u0131ndan gelen talebin g\u00fc\u00e7l\u00fc seyrini korudu\u011funu ve bunun fiyatlar i\u00e7in sa\u011flam bir taban olu\u015fturdu\u011funu da izliyoruz. D\u00fcnya Alt\u0131n Konseyi\u2019nin 2026 1\u00c7 raporu, geli\u015fen piyasa merkez bankalar\u0131n\u0131n rezervlerine 245 ton daha ekledi\u011fini do\u011frulayarak, 2022\u2019den bu yana g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc al\u0131m trendinin s\u00fcrd\u00fc\u011f\u00fcn\u00fc ortaya koydu. Bu yap\u0131sal talep, belirgin fiyat geri \u00e7ekilmelerinin b\u00fcy\u00fck olas\u0131l\u0131kla al\u0131m i\u015ftah\u0131yla kar\u015f\u0131lanaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor.<\/p>\n
Yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan bu ortam, alt\u0131n vadeli i\u015flemleri \u00fczerine uzun vadeli al\u0131m opsiyonlar\u0131n\u0131n (long-dated call) temkinli bir strateji olabilece\u011fine i\u015faret ediyor. \u0130ma edilen volatilite son d\u00f6nemde artsa da, Fed\u2019in daha d\u00fc\u015f\u00fck faizlere net bir y\u00f6n de\u011fi\u015fimi sinyali vermesi halinde y\u0131l\u0131n ilerleyen d\u00f6nemlerinde olas\u0131 bir ralliye pozisyon almaya h\u00e2l\u00e2 imk\u00e2n tan\u0131yor. \u00d6n\u00fcm\u00fczdeki haftalarda g\u00f6r\u00fclebilecek fiyat zay\u0131fl\u0131\u011f\u0131n\u0131, bu pozisyonlar\u0131 kademeli olu\u015fturmak i\u00e7in bir f\u0131rsat olarak de\u011ferlendiriyoruz.<\/p>\n
Bu tablo, 2023\u2019\u00fcn sonlar\u0131nda Fed politikas\u0131nda de\u011fi\u015fime dair ilk i\u015faretlerin alt\u0131n fiyatlar\u0131nda 2024\u2019e uzanan belirgin bir ralli ba\u015flatt\u0131\u011f\u0131 d\u00f6nemi hat\u0131rlat\u0131yor. Tarihsel deneyim, piyasa faiz indirimlerini tam olarak fiyatlad\u0131\u011f\u0131nda alt\u0131ndaki y\u00fckseli\u015f ivmesinin h\u0131zl\u0131 olabilece\u011fine i\u015faret ediyor. Bu nedenle mevcut fiyat hareketini, bu olas\u0131l\u0131\u011fa haz\u0131rl\u0131k yapmak i\u00e7in kullanmak gerekti\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n","protected":false},"excerpt":{"rendered":"
Suudi Arabistan\u2019da alt\u0131n Pazartesi hafif geriledi: gram 520,53 SAR, tola 6.071 SAR. D\u00fc\u015f\u00fc\u015f k\u00e2r sat\u0131\u015f\u0131; zay\u0131f ABD verisi Fed indirimi beklentisini art\u0131r\u0131yor. Merkez bankas\u0131 al\u0131mlar\u0131 taban, geri \u00e7ekilmeler al\u0131m f\u0131rsat\u0131.<\/p>\n","protected":false},"author":87,"featured_media":47769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49463","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49463","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=49463"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47769"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}