{"id":68998,"date":"2026-09-28T11:51:36","date_gmt":"2026-09-28T11:51:36","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/gold-and-silver-slide-as-hawkish-fed-bets-lift-yields-raising-quarter-end-volatility-risk\/"},"modified":"2026-09-28T11:51:36","modified_gmt":"2026-09-28T11:51:36","slug":"gold-and-silver-slide-as-hawkish-fed-bets-lift-yields-raising-quarter-end-volatility-risk","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/gold-and-silver-slide-as-hawkish-fed-bets-lift-yields-raising-quarter-end-volatility-risk\/","title":{"rendered":"\u015eahin Fed Beklentileri Tahvil Faizlerini Yukar\u0131 \u00c7ekerken Alt\u0131n ve G\u00fcm\u00fc\u015f Geriledi; \u00c7eyrek Sonu Oynakl\u0131k Riski Artt\u0131"},"content":{"rendered":"

Alt\u0131n ve g\u00fcm\u00fc\u015f, haftal\u0131k a\u00e7\u0131l\u0131\u015fta sert sat\u0131\u015f g\u00f6rd\u00fc; alt\u0131n yakla\u015f\u0131k %3 gerilerken g\u00fcm\u00fc\u015f %5\u2019in \u00fczerinde d\u00fc\u015ft\u00fc. Alt\u0131n 4.225 dolar civar\u0131ndaki deste\u011fin alt\u0131na sarkarak yakla\u015f\u0131k 4.143 dolara indi; g\u00fcm\u00fc\u015f ise 62,30 dolar\u0131n alt\u0131n\u0131 k\u0131r\u0131p 60,90 dolara do\u011fru y\u00f6neldi. Hareket, daha \u015fahin bir Federal Rezerv beklentileri, daha g\u00fc\u00e7l\u00fc petrol fiyatlar\u0131 ve y\u00fckselen ABD Hazine tahvil getirileriyle ili\u015fkilendirilirken, daha geni\u015f piyasa tepkisi daha s\u0131n\u0131rl\u0131 kald\u0131: i\u015flemlerin ba\u015flamas\u0131yla petrol yakla\u015f\u0131k %3 y\u00fckseldi, US100 yakla\u015f\u0131k %1 d\u00fc\u015ft\u00fc ve maj\u00f6r d\u00f6viz pariteleri b\u00fcy\u00fck \u00f6l\u00e7\u00fcde yatay seyretti.<\/p>\n\n

Faiz beklentileri ve getiriler odakta kalmay\u0131 s\u00fcrd\u00fcrd\u00fc; piyasalar Ekim\u2019de bir Fed faiz art\u0131\u015f\u0131 daha olas\u0131l\u0131\u011f\u0131n\u0131 g\u00fc\u00e7l\u00fc \u015fekilde fiyatlad\u0131. ABD 10 y\u0131ll\u0131k tahvil faizi 5,23% civar\u0131ndayd\u0131 (Bloomberg). Metallerdeki yo\u011funla\u015fm\u0131\u015f bask\u0131, pozisyonlanma, likidasyon ve kurumsal ak\u0131\u015flar\u0131n makro dinamikleri b\u00fcy\u00fct\u00fcyor olabilece\u011fi ihtimalini g\u00fcndeme getirdi. Yak\u0131n vadeli volatilite riski olarak ay sonu ve \u00e7eyrek sonu yeniden dengeleme s\u00fcre\u00e7lerine \u00e7evrilirken, Cuma g\u00fcn\u00fc a\u00e7\u0131klanacak ABD Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam raporu da izlenecek. Teknik olarak alt\u0131nda bir sonraki destek 4.120 dolar civar\u0131nda g\u00f6sterilirken, g\u00fcm\u00fc\u015fte bir sonraki a\u015fa\u011f\u0131 y\u00f6nl\u00fc odak 60,00 dolar seviyesi oldu; 4.225 ve 62,30 seviyeleri ise toparlanma e\u015fikleri olarak \u00e7er\u00e7evelendi.<\/p>\n\n

Alt\u0131n ve G\u00fcm\u00fc\u015f T\u00fcrev \u0130\u015flemlerine \u0130li\u015fkin G\u00f6r\u00fcn\u00fcm<\/h3>\n\n

Alt\u0131n ve g\u00fcm\u00fc\u015f\u00fcn s\u0131ras\u0131yla 4.143 ve 60,90 dolara kadar sert likidasyon bask\u0131s\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kalmas\u0131 nedeniyle, t\u00fcrev i\u015flem yapanlar\u0131n bu hafta a\u015f\u0131r\u0131 volatiliteye haz\u0131rlanmas\u0131n\u0131 \u00f6neriyoruz. ABD 10 y\u0131ll\u0131k tahvil getirisinin 5,23% gibi y\u00fcksek bir seviyede seyretmesiyle, getiri \u00fcretmeyen metallerin elde tutma maliyeti belirgin bi\u00e7imde artt\u0131; bu da k\u0131sa vadeli vadeli i\u015flem sat\u0131c\u0131lar\u0131n\u0131n piyasada bask\u0131n hale gelmesine yol a\u00e7t\u0131. Tarihsel olarak getiriler %5\u2019in \u00fczerinde kald\u0131\u011f\u0131nda, k\u0131ymetli metaller makroekonomik veri ak\u0131\u015f\u0131na kar\u015f\u0131 daha y\u00fcksek hassasiyet g\u00f6sterir.<\/p>\n\n

Alt\u0131n t\u00fcrev kontratlar\u0131nda, \u00f6n\u00fcm\u00fczdeki birka\u00e7 g\u00fcn 4.120 dolar kritik destek seviyesinin \u00e7ok yak\u0131ndan izlenmesini \u00f6neriyoruz. Alt\u0131n bu taban\u0131n alt\u0131na k\u0131r\u0131l\u0131rsa, otomatik stop-loss emirlerini tetikleyerek fiyatlar\u0131 h\u0131zl\u0131 bi\u00e7imde a\u015fa\u011f\u0131 \u00e7ekebilir. Di\u011fer yandan, 4.225 dolar\u0131n \u00fczerinde kal\u0131c\u0131 bir toparlanma, k\u0131sa pozisyonlardan \u00e7\u0131k\u0131p s\u0131k\u0131 riskli uzun stratejilere ge\u00e7i\u015f i\u00e7in sinyal olarak izlenmeli.<\/p>\n\n

G\u00fcm\u00fc\u015f taraf\u0131nda ise 62,30 dolar deste\u011finin k\u0131r\u0131lmas\u0131n\u0131n ard\u0131ndan ana m\u00fccadele alan\u0131n\u0131n 60,00 dolar psikolojik seviyesi oldu\u011funa inan\u0131yoruz. Tarihsel olarak g\u00fcm\u00fc\u015f\u00fcn y\u00fcksek betas\u0131, b\u00fcy\u00fck trend de\u011fi\u015fimlerinde fiyat hareketlerinin \u00e7o\u011fu zaman alt\u0131na k\u0131yasla iki kat daha oynak olmas\u0131na neden olur; bu da kald\u0131ra\u00e7 y\u00f6netimini kritik hale getirir. Bu maj\u00f6r destek yak\u0131n\u0131nda olas\u0131 ani bir tepki y\u00fckseli\u015fi durumunda sermayeyi korumak i\u00e7in, sat\u0131m opsiyonlar\u0131 (put) ya da k\u0131sa vadeli i\u015flem pozisyonlar\u0131nda s\u0131k\u0131 stop-loss kullan\u0131m\u0131n\u0131 \u00f6neriyoruz.<\/p>\n\n

Volatilite S\u00fcr\u00fcc\u00fcleri: \u00c7eyrek Sonu ve Kritik Makro Veriler<\/h3>\n\n

Eyl\u00fcl sonu ve 3\u00c7\u2019ye yakla\u015f\u0131rken, kurumsal portf\u00f6y yeniden dengelemesi \u00f6n\u00fcm\u00fczdeki k\u0131rk sekiz saat i\u00e7inde d\u00fczensiz, k\u0131sa vadeli ak\u0131\u015flar\u0131 tetikleyebilir. Tarihsel veriler, \u00e7eyrek sonu k\u00e2r realizasyonunun toplam haftal\u0131k i\u015flem hacminin %25\u2019ine kadar\u0131n\u0131 olu\u015fturabildi\u011fini ve bunun da ge\u00e7ici, sert fiyat d\u00f6n\u00fc\u015flerine yol a\u00e7abildi\u011fini g\u00f6steriyor. Piyasa istikrar kazanmadan \u00f6nce bu g\u00fcr\u00fclt\u00fc kaynakl\u0131 dalgalanmalara kar\u015f\u0131 temkinli kal\u0131nmal\u0131 ve a\u015f\u0131r\u0131 kald\u0131ra\u00e7tan ka\u00e7\u0131n\u0131lmal\u0131.<\/p>\n\n

\u00d6n\u00fcm\u00fczdeki hafta i\u015flemler a\u00e7\u0131s\u0131ndan nihai y\u00f6n belirleyici unsur, Cuma g\u00fcn\u00fc a\u00e7\u0131klanacak ABD Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam raporu olacak. Konsens\u00fcs tahmininin belirgin \u015fekilde \u00fczerinde gelecek bir istihdam verisi, y\u0131l\u0131n sonuna do\u011fru ek bir faiz art\u0131\u015f\u0131 beklentilerini peki\u015ftirerek her iki metalde de d\u00fc\u015f\u00fc\u015f trendini muhtemelen sa\u011flamla\u015ft\u0131r\u0131r. Buna kar\u015f\u0131l\u0131k, i\u015fg\u00fcc\u00fc piyasas\u0131nda so\u011fumaya i\u015faret eden g\u00f6stergeler getirileri h\u0131zla a\u015fa\u011f\u0131 \u00e7ekip metaller kompleksinde b\u00fcy\u00fck bir \u201cshort-squeeze\u201d kaynakl\u0131 toparlanmay\u0131 tetikleyebilir.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

G\u00f6zler Fed\u2019de: Alt\u0131n %3 d\u00fc\u015f\u00fc\u015fle 4.143 dolara, g\u00fcm\u00fc\u015f %5\u2019i a\u015fan kay\u0131pla 60,90\u2019a indi. 10 y\u0131ll\u0131k %5,23 bask\u0131s\u0131 s\u00fcrerken 4.120\/60,00 kritik; NFP ve \u00e7eyrek sonu oynakl\u0131\u011f\u0131 art\u0131rabilir.<\/p>\n","protected":false},"author":87,"featured_media":68997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-68998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t