Ortado\u011fu\u2019daki sava\u015f geriliminin tetikledi\u011fi sert sat\u0131\u015flar\u0131n ard\u0131ndan alt\u0131n fiyatlar\u0131nda yeniden toparlanma sinyali \u00f6ne \u00e7\u0131kt\u0131. Mart ay\u0131 i\u00e7inde sert dalgalanmalar ya\u015fayan gram alt\u0131n, dip seviyelerden gelen al\u0131mlarla yeniden 6.300-6.500 lira band\u0131na yerle\u015firken, piyasada bundan sonraki y\u00f6n\u00fcn sava\u015f\u0131n seyri, dolar\u0131n g\u00fcc\u00fc ve faiz beklentileriyle belirlenece\u011fi de\u011ferlendiriliyor. Reuters\u2019\u0131n 30 Mart tarihli haberine g\u00f6re spot ons alt\u0131n 4.488 dolar civar\u0131nda dengelenirken, analistler ge\u00e7en haftaki toparlanman\u0131n kal\u0131c\u0131 olup olmad\u0131\u011f\u0131n\u0131n bu haftaki fiyatlamayla netle\u015fece\u011fini belirtiyor.<\/p>\n
Piyasadaki son tabloyu de\u011ferlendiren BGL Finansal Dan\u0131\u015fmanl\u0131k Kurucu Orta\u011f\u0131 Belgin Mavi\u015f, gram alt\u0131n i\u00e7in iki seviyeye dikkat \u00e7ekti. Mavi\u015f\u2019e g\u00f6re a\u015fa\u011f\u0131da 5.800 lira g\u00fc\u00e7l\u00fc destek olarak \u00f6ne \u00e7\u0131karken, yukar\u0131da 8.100 lira ise yeniden g\u00fcndeme gelebilecek hedef seviye olarak izleniyor. Mevcut a\u015famada gram alt\u0131nda 6.300-6.500 lira aral\u0131\u011f\u0131nda bir denge aray\u0131\u015f\u0131 dikkat \u00e7ekiyor.<\/p>\n
Alt\u0131n fiyatlar\u0131 sava\u015f\u0131n ilk etkisiyle g\u00fcvenli liman alg\u0131s\u0131na ra\u011fmen sert sat\u0131\u015f bask\u0131s\u0131yla kar\u015f\u0131la\u015ft\u0131. Reuters, \u00e7at\u0131\u015fman\u0131n ba\u015flamas\u0131n\u0131n ard\u0131ndan alt\u0131n\u0131n d\u00f6rt g\u00fcnde yakla\u015f\u0131k y\u00fczde 4 de\u011fer kaybetti\u011fini, bunun da likidite ihtiyac\u0131 ve dolar talebinin \u00f6ne \u00e7\u0131kmas\u0131yla ba\u011flant\u0131l\u0131 g\u00f6r\u00fcld\u00fc\u011f\u00fcn\u00fc aktard\u0131. Ayn\u0131 d\u00f6nemde y\u00fcksek enerji fiyatlar\u0131n\u0131n enflasyon kayg\u0131lar\u0131n\u0131 b\u00fcy\u00fctmesi ve faiz indirimi beklentilerini zay\u0131flatmas\u0131 da alt\u0131n \u00fczerindeki bask\u0131y\u0131 art\u0131rd\u0131.<\/p>\n
Buna kar\u015f\u0131n ge\u00e7en hafta sonuna do\u011fru dipten al\u0131mlar\u0131n devreye girmesiyle birlikte alt\u0131n yeniden toparland\u0131. Reuters\u2019\u0131n 27 Mart tarihli haberine g\u00f6re spot alt\u0131n bir g\u00fcnde y\u00fczde 2,6 y\u00fckselerek 4.491 dolar seviyesine \u00e7\u0131kt\u0131 ve piyasada \u201ca\u015f\u0131r\u0131 sat\u0131m\u201d sonras\u0131 tepki hareketi tart\u0131\u015f\u0131lmaya ba\u015fland\u0131. Ayn\u0131 de\u011ferlendirmede ABC Refinery\u2019den Nicholas Frappell, ge\u00e7en haftaki hareketin olas\u0131 bir d\u00f6n\u00fc\u015f i\u015fareti olabilece\u011fini ancak bunun bu haftaki fiyatlamayla teyit edilmesi gerekti\u011fini s\u00f6yledi.<\/p>\n
\u0130\u00e7 piyasada d\u00fc\u015f\u00fc\u015f\u00fc f\u0131rsat g\u00f6ren yat\u0131r\u0131mc\u0131lar\u0131n yeniden fiziki alt\u0131na y\u00f6neldi\u011fi, \u00f6zellikle d\u00fc\u015f\u00fck gramajl\u0131 \u00fcr\u00fcnlerde talebin h\u0131zland\u0131\u011f\u0131 belirtiliyor. Piyasada 1 gram ve 5 graml\u0131k \u00fcr\u00fcnlere yo\u011fun ilgi olu\u015ftu\u011fu, baz\u0131 kuyumcularda k\u00fc\u00e7\u00fck montanl\u0131 gram alt\u0131n\u0131n s\u0131n\u0131rl\u0131 bulunabildi\u011fi ifade ediliyor. Uzmanlara g\u00f6re bu tablo, fiyat gerilemelerinin yat\u0131r\u0131mc\u0131 taraf\u0131ndan \u201cmaliyet d\u00fc\u015f\u00fcrme\u201d f\u0131rsat\u0131 olarak g\u00f6r\u00fcld\u00fc\u011f\u00fcn\u00fc ortaya koyuyor.<\/p>\n
Uzmanlara g\u00f6re gram alt\u0131n\u0131n bundan sonraki seyrinde \u00fc\u00e7 ana de\u011fi\u015fken izlenecek. \u0130lk ba\u015fl\u0131k dolar\/TL. Ons alt\u0131nda geri \u00e7ekilme s\u00fcrse bile kurdaki yukar\u0131 y\u00f6nl\u00fc e\u011filim gram alt\u0131n\u0131 bir \u00f6l\u00e7\u00fcde destekleyebiliyor. \u0130kinci ba\u015fl\u0131k faiz cephesi. Reuters, enerji maliyetlerinin y\u00fckselmesinin enflasyon bask\u0131s\u0131n\u0131 art\u0131rd\u0131\u011f\u0131n\u0131, bunun da Fed ba\u015fta olmak \u00fczere merkez bankalar\u0131n\u0131n faiz indirimlerine daha mesafeli yakla\u015fmas\u0131na yol a\u00e7t\u0131\u011f\u0131n\u0131 vurguluyor. Y\u00fcksek faiz ortam\u0131 ise getirisi olmayan alt\u0131n\u0131n cazibesini s\u0131n\u0131rl\u0131yor.<\/p>\n
\u00dc\u00e7\u00fcnc\u00fc ba\u015fl\u0131k ise sava\u015f ve diplomasi hatt\u0131ndan gelecek haber ak\u0131\u015f\u0131. Jeopolitik tansiyonun d\u00fc\u015fmesi halinde alt\u0131nda k\u0131sa vadeli kar sat\u0131\u015flar\u0131 g\u00f6r\u00fclebilece\u011fi, gerilimin uzamas\u0131 halinde ise g\u00fcvenli liman talebinin yeniden g\u00fc\u00e7 kazanabilece\u011fi de\u011ferlendiriliyor.<\/p>\n
Alt\u0131n piyasas\u0131nda sadece fiyatlar de\u011fil, Merkez Bankas\u0131\u2019n\u0131n rezerv ad\u0131mlar\u0131 da yak\u0131ndan takip ediliyor. Reuters\u2019\u0131n 26 Mart tarihli haberine g\u00f6re TCMB\u2019nin alt\u0131n rezervleri bir haftada yakla\u015f\u0131k 50 ton azalarak 772 tona geriledi. Haberde, bankac\u0131 hesaplamalar\u0131na g\u00f6re ge\u00e7en hafta yakla\u015f\u0131k 22 ton alt\u0131n sat\u0131\u015f\u0131 yap\u0131ld\u0131\u011f\u0131 ve yakla\u015f\u0131k 31 tonluk alt\u0131n kar\u015f\u0131l\u0131\u011f\u0131 swap i\u015flemi bulundu\u011fu aktar\u0131ld\u0131. Bloomberg ise \u0130ran\u2019daki sava\u015f\u0131n ba\u015flamas\u0131ndan sonraki iki haftada TCMB\u2019nin toplam sat\u0131\u015f ve swap i\u015flemlerinin yakla\u015f\u0131k 60 tona ula\u015ft\u0131\u011f\u0131n\u0131 bildirdi.<\/p>\n
Mevcut g\u00f6r\u00fcn\u00fcmde piyasa, gram alt\u0131nda 5.800 lira deste\u011fi ile 8.100 lira hedefi aras\u0131ndaki geni\u015f band\u0131 tart\u0131\u015f\u0131yor. K\u0131sa vadede 6.300-6.500 lira aral\u0131\u011f\u0131 denge b\u00f6lgesi olarak izlenirken, uzmanlar yeni al\u0131m yapacak yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan kademeli hareket edilmesinin daha temkinli bir strateji olaca\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcnde birle\u015fiyor. Ons alt\u0131nda 4.500 dolar seviyesi de k\u00fcresel tarafta \u00f6nemli e\u015fik olarak \u00f6ne \u00e7\u0131k\u0131yor. Reuters\u2019a g\u00f6re spot alt\u0131n yeni haftaya 4.488 dolar civar\u0131nda yatay ba\u015flarken, piyasa oyuncular\u0131 bu seviyenin \u00fczerinde kal\u0131c\u0131l\u0131k ar\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Alt\u0131nda sert d\u00fc\u015f\u00fc\u015f sonras\u0131 toparlanma aray\u0131\u015f\u0131 s\u00fcrerken piyasada iki kritik seviye \u00f6ne \u00e7\u0131kt\u0131: 5.800 lira destek, 8.100 lira hedef. Uzmanlara g\u00f6re sava\u015f\u0131n seyri, dolar kuru ve faiz beklentileri fiyatlamada belirleyici olacak.<\/p>\n","protected":false},"author":6,"featured_media":15373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[265,4502,4503],"class_list":["post-15372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-altin","tag-gram-altin","tag-ons-altin"],"yoast_head":"\n