K\u00fcresel piyasalarda uzun s\u00fcredir bask\u0131 alt\u0131nda kalan alt\u0131n, temmuz ay\u0131na pozitif bir ba\u015flang\u0131\u00e7 yapt\u0131. ABD\u2019de a\u00e7\u0131klanan zay\u0131f istihdam verileri, yat\u0131r\u0131mc\u0131lar\u0131n ABD Merkez Bankas\u0131n\u0131n faiz politikas\u0131na ili\u015fkin beklentilerini yeniden \u015fekillendirirken, ons alt\u0131nda 5 hafta sonra ilk kez haftal\u0131k y\u00fckseli\u015f g\u00f6r\u00fcld\u00fc.<\/p>\n
Alt\u0131n\u0131n ons fiyat\u0131, ge\u00e7en hafta y\u00fczde 2,5 de\u011fer kazanarak 4 bin 175 dolar seviyesine \u00e7\u0131kt\u0131. B\u00f6ylece de\u011ferli metal, haftal\u0131k bazda uzun aradan sonra yat\u0131r\u0131mc\u0131s\u0131na kazan\u00e7 sa\u011flam\u0131\u015f oldu.<\/p>\n
Alt\u0131n fiyatlar\u0131ndaki y\u00fckseli\u015fte en \u00f6nemli etken, ABD\u2019de a\u00e7\u0131klanan tar\u0131m d\u0131\u015f\u0131 istihdam verisi oldu. Haziran ay\u0131nda tar\u0131m d\u0131\u015f\u0131 istihdam yaln\u0131zca 57 bin ki\u015fi artarak piyasa beklentilerinin olduk\u00e7a alt\u0131nda ger\u00e7ekle\u015fti.<\/p>\n
Verinin detaylar\u0131na bak\u0131ld\u0131\u011f\u0131nda, profesyonel ve ticari hizmetler ile sosyal yard\u0131m ve sa\u011fl\u0131k hizmetleri alanlar\u0131nda istihdam art\u0131\u015f\u0131n\u0131n s\u00fcrd\u00fc\u011f\u00fc g\u00f6r\u00fcld\u00fc. Buna kar\u015f\u0131l\u0131k e\u011flence ve konaklama sekt\u00f6r\u00fcnde istihdam kayb\u0131 ya\u015fanmas\u0131 dikkat \u00e7ekti.<\/p>\n
\u00d6te yandan \u00f6nceki aylara ili\u015fkin veriler de a\u015fa\u011f\u0131 y\u00f6nl\u00fc revize edildi. Nisan ay\u0131nda 179 bin olarak a\u00e7\u0131klanan istihdam art\u0131\u015f\u0131 148 bine, may\u0131s ay\u0131ndaki 172 binlik art\u0131\u015f ise 129 bine \u00e7ekildi. Bu revizyonlar, ABD i\u015f g\u00fcc\u00fc piyasas\u0131nda ivme kayb\u0131n\u0131n daha belirgin hale geldi\u011fi \u015feklinde yorumland\u0131.<\/p>\n
ABD\u2019de i\u015fsizlik oran\u0131 haziran ay\u0131nda y\u00fczde 4,2\u2019ye geriledi. Piyasa beklentisi, i\u015fsizlik oran\u0131n\u0131n may\u0131s ay\u0131nda oldu\u011fu gibi y\u00fczde 4,3 seviyesinde kalaca\u011f\u0131 y\u00f6n\u00fcndeydi.<\/p>\n
Her ne kadar i\u015fsizlik oran\u0131ndaki gerileme dikkat \u00e7ekse de tar\u0131m d\u0131\u015f\u0131 istihdamdaki zay\u0131f tablo, piyasalarda Fed\u2019in faiz politikas\u0131nda daha esnek davranabilece\u011fi beklentisini g\u00fc\u00e7lendirdi. \u00d6zellikle istihdam art\u0131\u015f\u0131n\u0131n 100 binin alt\u0131nda kalmas\u0131, Fed\u2019in yak\u0131n d\u00f6nemde faiz art\u0131r\u0131m\u0131 konusunda aceleci davranmayaca\u011f\u0131na ili\u015fkin fiyatlamalar\u0131 destekledi.<\/p>\n
Faiz art\u0131r\u0131m beklentilerinin zay\u0131flamas\u0131yla dolara olan talepte de bir miktar d\u00fc\u015f\u00fc\u015f ya\u015fand\u0131. Dolar\u0131n ivme kaybetmesi ise alt\u0131n ba\u015fta olmak \u00fczere de\u011ferli metallerin fiyatlar\u0131n\u0131 destekleyen ana unsurlardan biri oldu.<\/p>\n
Alt\u0131ndaki y\u00fckseli\u015fte yaln\u0131zca ABD verileri de\u011fil, k\u00fcresel piyasalardaki risk alg\u0131s\u0131 da belirleyici oldu. Orta Do\u011fu\u2019da jeopolitik gerginliklerin bir miktar azalmas\u0131yla petrol fiyatlar\u0131n\u0131n sava\u015f \u00f6ncesi seviyelere gerilemesi, enflasyonist bask\u0131lara ili\u015fkin endi\u015feleri s\u0131n\u0131rlad\u0131.<\/p>\n
Petrol fiyatlar\u0131ndaki d\u00fc\u015f\u00fc\u015f, Fed\u2019in daha \u015fahin bir para politikas\u0131 izleyebilece\u011fine y\u00f6nelik beklentileri de zay\u0131flatt\u0131. Bu durum, alt\u0131n fiyatlar\u0131na destek sa\u011flayan bir di\u011fer geli\u015fme olarak \u00f6ne \u00e7\u0131kt\u0131.<\/p>\n
Ayr\u0131ca ge\u00e7en hafta teknoloji hisselerinde g\u00f6r\u00fclen d\u00fc\u015f\u00fc\u015f, yat\u0131r\u0131mc\u0131lar\u0131n riskli varl\u0131klardan uzakla\u015fmas\u0131na neden oldu. Risk i\u015ftah\u0131ndaki azalma, g\u00fcvenli liman olarak g\u00f6r\u00fclen alt\u0131na y\u00f6nelimi art\u0131rd\u0131.<\/p>\n
Alt\u0131n, y\u0131l\u0131n ilk yar\u0131s\u0131nda jeopolitik geli\u015fmeler, enflasyon endi\u015feleri ve Fed\u2019e ili\u015fkin \u015fahin beklentilerin etkisiyle bask\u0131 alt\u0131nda kalm\u0131\u015ft\u0131. Orta Do\u011fu merkezli geli\u015fmelerin enerji fiyatlar\u0131 \u00fczerinden enflasyonist bask\u0131lar\u0131 art\u0131rabilece\u011fi d\u00fc\u015f\u00fcncesi, y\u0131l\u0131n ilk d\u00f6neminde alt\u0131n \u00fczerinde negatif etki yaratm\u0131\u015ft\u0131.<\/p>\n
Bu s\u00fcre\u00e7te Fed\u2019in faiz art\u0131r\u0131mlar\u0131na devam edebilece\u011fi y\u00f6n\u00fcndeki beklentiler g\u00fc\u00e7lenmi\u015f, y\u00fcksek faiz ortam\u0131 da getirisi olmayan alt\u0131n\u0131n cazibesini azaltm\u0131\u015ft\u0131. Bu geli\u015fmelerin etkisiyle alt\u0131n\u0131n onsu y\u0131l\u0131n ilk yar\u0131s\u0131nda y\u00fczde 7,1 de\u011fer kaybetmi\u015fti.<\/p>\n
Ancak son a\u00e7\u0131klanan istihdam verileriyle birlikte tablo k\u0131smen de\u011fi\u015fti. Piyasalarda Fed\u2019in faiz ad\u0131mlar\u0131nda daha temkinli davranabilece\u011fi beklentisinin g\u00fc\u00e7lenmesi, alt\u0131n fiyatlar\u0131nda toparlanmay\u0131 beraberinde getirdi.<\/p>\n
Avustralya merkezli KCM Trade Global Ba\u015f Piyasa Analisti Tim Waterer, alt\u0131n\u0131n dolar taraf\u0131ndaki hafif zay\u0131flamadan destek ald\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n
AA muhabirine de\u011ferlendirmelerde bulunan Waterer, beklenenden zay\u0131f gelen tar\u0131m d\u0131\u015f\u0131 istihdam verisinin dolar\u0131n ivmesini bir miktar k\u0131rd\u0131\u011f\u0131n\u0131 ve bunun alt\u0131n\u0131n y\u00fckseli\u015fine katk\u0131 sa\u011flad\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
Waterer, \u201c100 bin art\u0131\u015f\u0131n alt\u0131nda a\u00e7\u0131klanan tar\u0131m d\u0131\u015f\u0131 istihdam verisi, Fed\u2019in faiz art\u0131r\u0131mlar\u0131na y\u00f6nelik aciliyeti bir dereceye kadar azaltt\u0131, bu da getiri a\u00e7\u0131s\u0131ndan alt\u0131na destek sa\u011flad\u0131.\u201d ifadelerini kulland\u0131.<\/p>\n
Petrol fiyatlar\u0131n\u0131n d\u00fc\u015f\u00fck seviyelerde seyretmesinin de enflasyon g\u00f6r\u00fcn\u00fcm\u00fc a\u00e7\u0131s\u0131ndan alt\u0131na destek verdi\u011fini kaydeden Waterer, alt\u0131n i\u00e7in daha iyi bir hafta geride kald\u0131\u011f\u0131n\u0131 ancak de\u011ferli metalin y\u0131l\u0131n ba\u015f\u0131ndaki g\u00fc\u00e7l\u00fc ivmesini hen\u00fcz yeniden yakalayamad\u0131\u011f\u0131n\u0131 vurgulad\u0131.<\/p>\n
Waterer, alt\u0131ndaki y\u00fckseli\u015fin daha g\u00fc\u00e7l\u00fc hale gelebilmesi i\u00e7in dolar\u0131n daha fazla de\u011fer kaybetmesi gerekti\u011fini belirtti.<\/p>\n
K\u00fcresel piyasalarda \u00f6n\u00fcm\u00fczdeki d\u00f6nemde Fed yetkililerinden gelecek a\u00e7\u0131klamalar, ABD enflasyon verileri ve i\u015f g\u00fcc\u00fc piyasas\u0131na ili\u015fkin yeni g\u00f6stergeler alt\u0131n fiyatlar\u0131n\u0131n y\u00f6n\u00fc a\u00e7\u0131s\u0131ndan belirleyici olacak.<\/p>\n
Uzmanlara g\u00f6re istihdam piyasas\u0131ndaki yava\u015flama sinyallerinin devam etmesi ve dolar\u0131n k\u00fcresel \u00f6l\u00e7ekte zay\u0131flamas\u0131 halinde alt\u0131n fiyatlar\u0131nda yukar\u0131 y\u00f6nl\u00fc hareket alan\u0131 korunabilir. Buna kar\u015f\u0131l\u0131k enflasyonist bask\u0131lar\u0131n yeniden g\u00fc\u00e7lenmesi ya da Fed\u2019den daha \u015fahin mesajlar gelmesi durumunda de\u011ferli metal \u00fczerinde bask\u0131 yeniden artabilir.<\/p>\n
Alt\u0131n\u0131n onsunda 5 hafta sonra gelen y\u00fckseli\u015f, yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan k\u0131sa vadeli rahatlama sa\u011flarken, piyasalarda kal\u0131c\u0131 toparlanma i\u00e7in ABD verilerinin ve dolar\u0131n seyrinin yak\u0131ndan izlenece\u011fi belirtiliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD\u2019de beklentilerin olduk\u00e7a alt\u0131nda a\u00e7\u0131klanan tar\u0131m d\u0131\u015f\u0131 istihdam verisi, alt\u0131n fiyatlar\u0131na destek verdi. Ons alt\u0131n, 5 haftal\u0131k kay\u0131p serisinin ard\u0131ndan ge\u00e7en haftay\u0131 y\u00fczde 2,5 y\u00fckseli\u015fle 4 bin 175 dolardan tamamlad\u0131.<\/p>\n","protected":false},"author":2,"featured_media":35663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[265,488,2418,486],"class_list":["post-35662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-altin","tag-fed","tag-kureselpiyasalar","tag-onsaltin"],"yoast_head":"\n