Alt\u0131n piyasas\u0131nda mart ay\u0131 sert sat\u0131\u015flarla ge\u00e7ti. Reuters\u2019\u0131n 31 Mart tarihli haberine g\u00f6re spot alt\u0131n sabah i\u015flemlerinde y\u00fczde 1,1 y\u00fckseli\u015fle 4.561,68 dolar seviyesine \u00e7\u0131ksa da, ay genelindeki kayb\u0131 y\u00fczde 13\u2019\u00fcn \u00fczerinde kald\u0131. Bu tablo, alt\u0131n i\u00e7in Ekim 2008\u2019den bu yana g\u00f6r\u00fclen en k\u00f6t\u00fc ayl\u0131k performansa i\u015faret etti. Bir g\u00fcn \u00f6nceki Reuters haberinde de alt\u0131n\u0131n mart\u0131 y\u00fczde 14\u2019\u00fcn \u00fczerinde kay\u0131pla kapatmaya y\u00f6neldi\u011fi aktar\u0131lm\u0131\u015ft\u0131.<\/p>\n
\u0130\u00e7 piyasada da yukar\u0131 y\u00f6nl\u00fc tepki dikkat \u00e7ekti. Metinde aktar\u0131lan seviyelere g\u00f6re gram alt\u0131n 6.507 lira civar\u0131nda, ons g\u00fcm\u00fc\u015f ise 71,58 dolar seviyesinde i\u015flem g\u00f6rd\u00fc. Buna kar\u015f\u0131n uzmanlar, g\u00fcnl\u00fck y\u00fckseli\u015fin ayl\u0131k bozulmay\u0131 \u015fimdilik telafi etmedi\u011fi g\u00f6r\u00fc\u015f\u00fcnde. Reuters\u2019a g\u00f6re son d\u00f6nemde enerji fiyatlar\u0131ndaki y\u00fckseli\u015fin enflasyon bask\u0131s\u0131n\u0131 art\u0131rmas\u0131, Amerikan Merkez Bankas\u0131\u2019n\u0131n bu y\u0131l faiz indirimi yapaca\u011f\u0131 beklentilerini zay\u0131flatt\u0131. G\u00fc\u00e7lenen dolar da getirisi olmayan alt\u0131n \u00fczerindeki bask\u0131y\u0131 b\u00fcy\u00fctt\u00fc.<\/p>\n
Piyasalarda alt\u0131n\u0131n zay\u0131f seyretmesinde en \u00f6nemli ba\u015fl\u0131klar aras\u0131nda petrol fiyatlar\u0131, enflasyon endi\u015feleri ve faiz g\u00f6r\u00fcn\u00fcm\u00fc yer ald\u0131. Reuters\u2019\u0131n k\u00fcresel piyasa analizine g\u00f6re Brent petrol mart ay\u0131nda yakla\u015f\u0131k y\u00fczde 56 y\u00fckseli\u015fe y\u00f6nelirken, sava\u015f kaynakl\u0131 maliyet bask\u0131s\u0131 tahvil faizleri ve dolar cephesinde de yukar\u0131 hareketi destekledi. Bu durum, normalde g\u00fcvenli liman olarak \u00f6ne \u00e7\u0131kan alt\u0131n\u0131n k\u0131sa vadede bask\u0131 alt\u0131nda kalmas\u0131na neden oldu.<\/p>\n
Piyasalarda daha \u00f6nce bu y\u0131l iki faiz indirimi beklentisi \u00f6ne \u00e7\u0131karken, Reuters\u2019a g\u00f6re bu beklentilerin b\u00fcy\u00fck b\u00f6l\u00fcm\u00fc fiyatlamalardan \u00e7\u0131kt\u0131. Alt\u0131n da bu nedenle hem jeopolitik risklere ra\u011fmen hem de g\u00fcvenli liman \u00f6zelli\u011fine kar\u015f\u0131n zay\u0131f bir g\u00f6r\u00fcn\u00fcm sergiledi.<\/p>\n
K\u0131sa vadede bask\u0131 s\u00fcrse de uluslararas\u0131 yat\u0131r\u0131m bankalar\u0131 uzun vadeli g\u00f6r\u00fcn\u00fcmde daha iyimser projeksiyonlar payla\u015f\u0131yor. Reuters\u2019\u0131n 22 Ocak tarihli haberine g\u00f6re Goldman Sachs, 2026 sonu i\u00e7in alt\u0131n fiyat\u0131 tahminini 4.900 dolardan 5.400 dolara y\u00fckseltti. Wall Street Journal da bankan\u0131n son de\u011ferlendirmesinde alt\u0131n\u0131n a\u015f\u0131r\u0131 sat\u0131m b\u00f6lgesinde g\u00f6r\u00fcnd\u00fc\u011f\u00fcn\u00fc ve 2026 sonuna kadar 5.400 dolar seviyesine ula\u015fabilece\u011fini aktard\u0131.<\/p>\n
Goldman Sachs\u2019\u0131n beklentisinde, merkez bankalar\u0131n\u0131n alt\u0131na y\u00f6nelmeyi s\u00fcrd\u00fcrmesi ve ilerleyen d\u00f6nemde yeniden para politikas\u0131 gev\u015femesinin devreye girebilece\u011fi g\u00f6r\u00fc\u015f\u00fc etkili oldu. Reuters\u2019a g\u00f6re banka, 2026\u2019da toplam 50 baz puanl\u0131k faiz indirimi beklentisini de koruyor.<\/p>\n
Haberde yer verilen de\u011ferlendirmelere g\u00f6re, alt\u0131ndaki son y\u00fckseli\u015f \u015fimdilik kal\u0131c\u0131 bir d\u00f6n\u00fc\u015ften \u00e7ok dipte tutunma \u00e7abas\u0131 olarak g\u00f6r\u00fcl\u00fcyor. 3. G\u00f6z Dan\u0131\u015fmanl\u0131k Kurucusu Hikmet Baydar, ons alt\u0131nda yukar\u0131 y\u00f6nl\u00fc daha g\u00fc\u00e7l\u00fc bir toparlanmadan s\u00f6z edebilmek i\u00e7in 4.842 dolar seviyesinin \u00fczerinde kal\u0131c\u0131l\u0131k gerekti\u011fini, gram alt\u0131nda ise 6.880 liran\u0131n a\u015f\u0131lmas\u0131n\u0131n \u00f6nemli oldu\u011funu belirtti. Baydar\u2019a g\u00f6re g\u00f6stergeler a\u015fa\u011f\u0131 y\u00f6nl\u00fc kald\u0131\u011f\u0131 s\u00fcrece gram alt\u0131nda 6.250 ve 6.050 lira destekleri yeniden g\u00fcndeme gelebilir.<\/p>\n
Uzmanlara g\u00f6re k\u0131sa vadede y\u00fcksek faizli mevduat ve para piyasas\u0131 fonlar\u0131, y\u00f6n arayan alt\u0131na k\u0131yasla daha \u00f6ng\u00f6r\u00fclebilir alternatifler sunabiliyor. Buna kar\u015f\u0131l\u0131k alt\u0131ndaki sert dalgalanmalar\u0131 do\u011fru takip eden yat\u0131r\u0131mc\u0131lar i\u00e7in piyasada f\u0131rsatlar\u0131n s\u00fcrd\u00fc\u011f\u00fc de\u011ferlendiriliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Alt\u0131n fiyatlar\u0131 g\u00fcne s\u0131n\u0131rl\u0131 y\u00fckseli\u015fle ba\u015flasa da mart ay\u0131n\u0131 17 y\u0131l\u0131 a\u015fk\u0131n s\u00fcrenin en k\u00f6t\u00fc ayl\u0131k performans\u0131yla kapatmaya haz\u0131rlan\u0131yor. K\u00fcresel piyasalarda ons alt\u0131ndaki ayl\u0131k kay\u0131p y\u00fczde 13\u2019\u00fc a\u015farken, y\u00fcksek enerji fiyatlar\u0131, g\u00fc\u00e7l\u00fc dolar ve zay\u0131flayan faiz indirimi beklentileri bask\u0131y\u0131 art\u0131rd\u0131.<\/p>\n","protected":false},"author":6,"featured_media":15589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[5231,58,4503],"class_list":["post-15588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-altin-fiyatlari","tag-ekonomi","tag-ons-altin"],"yoast_head":"\n