{"id":4339,"date":"2026-07-06T12:15:00","date_gmt":"2026-07-06T09:15:00","guid":{"rendered":"https:\/\/fxknews.com\/?p=4339"},"modified":"2026-07-06T11:33:49","modified_gmt":"2026-07-06T08:33:49","slug":"wall-streette-altin-fiyatlarina-iliskin-gorus-ayriligi-yasaniyor-tahminler-4-800-dolardan-6-000-dolara-kadar-degisiyor","status":"publish","type":"post","link":"https:\/\/fxknews.com\/?p=4339","title":{"rendered":"Wall Street&#8217;te Alt\u0131n Fiyatlar\u0131na \u0130li\u015fkin G\u00f6r\u00fc\u015f Ayr\u0131l\u0131\u011f\u0131 Ya\u015fan\u0131yor; Tahminler 4.800 Dolardan 6.000 Dolara Kadar De\u011fi\u015fiyor"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Goldman&#8217;\u0131n revize edilmi\u015f merkez bankas\u0131 talep modeli, tahmini al\u0131mlar\u0131 2026 y\u0131l\u0131na kadar ayda yakla\u015f\u0131k 60 tona y\u00fckselterek (\u00f6nceki 29 tonluk h\u0131zdan), bankan\u0131n Haziran ay\u0131nda y\u0131l sonu hedefini 500 dolar d\u00fc\u015f\u00fcrmesine ra\u011fmen, y\u00fckseli\u015f senaryosuna daha sa\u011flam bir yap\u0131sal dayanak sa\u011fl\u0131yor. Wall Street&#8217;teki da\u011f\u0131l\u0131m, BofA&#8217;n\u0131n daha temkinli 4.800 dolarl\u0131k hedefinden JPMorgan&#8217;\u0131n 6.000 dolarl\u0131k tahminine kadar, bankalar\u0131n devlet tahvili al\u0131mlar\u0131n\u0131 faiz ve dolar bask\u0131lar\u0131na kar\u015f\u0131 ne kadar farkl\u0131 de\u011ferlendirdi\u011fini g\u00f6steriyor. Haziran ay\u0131 istihdam verilerinin beklentilerin olduk\u00e7a alt\u0131nda gelmesiyle, alt\u0131n bo\u011falar\u0131, daha d\u00fc\u015f\u00fck i\u015fg\u00fcc\u00fc verilerinin Fed&#8217;in \u015fahin tutumuna olan inanc\u0131n azalmas\u0131na yol a\u00e7\u0131p a\u00e7mayaca\u011f\u0131n\u0131 ve D\u00fcnya Alt\u0131n Konseyi&#8217;nin May\u0131s ay\u0131nda \u00e7ok yava\u015flad\u0131\u011f\u0131n\u0131 s\u00f6yledi\u011fi ETF giri\u015flerinde herhangi bir art\u0131\u015f olup olmayaca\u011f\u0131n\u0131 yak\u0131ndan takip edecekler.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Goldman Sachs, alt\u0131n\u0131n d\u00f6rt ayl\u0131k d\u00fc\u015f\u00fc\u015f\u00fcn\u00fcn uzun vadeli y\u00fckseli\u015f beklentisini ray\u0131ndan \u00e7\u0131karmad\u0131\u011f\u0131n\u0131 belirterek, merkez bankalar\u0131n\u0131n al\u0131mlar\u0131yla 2026 y\u0131l sonuna kadar 4.900 dolar\/ons hedefini korudu\u011funu s\u00f6yledi. Buna kar\u015f\u0131l\u0131k JPMorgan 6.000 dolar, Bank of America ise kendi tahminini 4.800 dolara d\u00fc\u015f\u00fcrd\u00fc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u00d6zet:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Goldman Sachs, alt\u0131n\u0131n son d\u00f6rt aydaki sert d\u00fc\u015f\u00fc\u015f\u00fcn\u00fcn uzun vadeli y\u00fckseli\u015f beklentisinin sona erdi\u011fi anlam\u0131na gelmedi\u011fini belirterek, 2026 y\u0131l sonu i\u00e7in 4.900 dolar\/ons hedefini korudu.<\/li>\n\n\n\n<li>Goldman, tahmininin ard\u0131ndaki temel yap\u0131sal itici g\u00fc\u00e7 olarak \u00f6zellikle geli\u015fmekte olan piyasa rezervlerinin \u00e7e\u015fitlendirilmesi olmak \u00fczere, merkez bankalar\u0131n\u0131n al\u0131mlar\u0131na odaklan\u0131yor.<\/li>\n\n\n\n<li>D\u00fcnya Alt\u0131n Konseyi&#8217;nin 2026 Merkez Bankas\u0131 Alt\u0131n Rezervleri Anketi, kat\u0131l\u0131mc\u0131lar\u0131n %89&#8217;unun k\u00fcresel merkez bankas\u0131 alt\u0131n rezervlerinin \u00f6n\u00fcm\u00fczdeki y\u0131l artmas\u0131n\u0131 bekledi\u011fini, rekor d\u00fczeyde %45&#8217;inin ise kendi kurumlar\u0131n\u0131n alt\u0131n rezervlerini art\u0131raca\u011f\u0131n\u0131 \u00f6ng\u00f6rd\u00fc\u011f\u00fcn\u00fc ortaya koydu.<\/li>\n\n\n\n<li>Goldman Sachs, resmi ticaret verilerinin devlet tahvili al\u0131mlar\u0131n\u0131 oldu\u011fundan d\u00fc\u015f\u00fck g\u00f6sterdi\u011fini tespit ettikten sonra merkez bankas\u0131 talebi modelini revize etti ve 12 ayl\u0131k al\u0131m tahminini daha \u00f6nce \u00f6ng\u00f6r\u00fclen 29 tonluk seviyeden yakla\u015f\u0131k 60 tona \u00e7\u0131kard\u0131.<\/li>\n\n\n\n<li>Di\u011fer bankalar\u0131n tahminleri ise olduk\u00e7a farkl\u0131l\u0131k g\u00f6steriyor: JPMorgan alt\u0131n\u0131n 2026&#8217;n\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011finde 6.000 dolar\/ons seviyesine ula\u015faca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcrken, UBS ve Morgan Stanley her ikisi de 5.200 dolar\/ons hedefliyor. Bank of America ise yat\u0131r\u0131mc\u0131 talebindeki zay\u0131flama ve Fed&#8217;in olumsuz a\u00e7\u0131klamalar\u0131 nedeniyle g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc 4.800 dolar\/ons&#8217;a d\u00fc\u015f\u00fcrd\u00fc.<\/li>\n\n\n\n<li>D\u00fcnya Alt\u0131n Konseyi&#8217;ne g\u00f6re, Haziran ay\u0131nda istihdam art\u0131\u015f\u0131 beklentinin (110.000) \u00e7ok alt\u0131nda kalarak sadece 57.000 oldu; ayr\u0131ca ETF varl\u0131klar\u0131 May\u0131s ay\u0131nda bir \u00f6nceki aya g\u00f6re %2 azalarak 604 milyar dolara d\u00fc\u015ft\u00fc.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Goldman Sachs, alt\u0131n\u0131n son d\u00f6rt aydaki sert d\u00fc\u015f\u00fc\u015f\u00fcn\u00fcn, metal i\u00e7in y\u00fckseli\u015f beklentisinin sonu anlam\u0131na gelmedi\u011fini belirterek, Haziran ay\u0131nda 5.400 dolar olan tahmini 4.900 dolara d\u00fc\u015f\u00fcrmesine ra\u011fmen, fiyatlar\u0131n 2026 sonuna kadar ons ba\u015f\u0131na 4.900 dolarl\u0131k hedefe do\u011fru t\u0131rmanabilece\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc korudu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alt\u0131n, enflasyon korkular\u0131, merkez bankas\u0131 al\u0131mlar\u0131 ve jeopolitik riskler nedeniyle bu y\u0131l Wall Street&#8217;in en g\u00fc\u00e7l\u00fc ivme kazanan yat\u0131r\u0131m ara\u00e7lar\u0131ndan biriydi; ancak Federal Rezerv beklentilerindeki \u015fahinle\u015fme, daha g\u00fc\u00e7l\u00fc dolar ve ETF talebindeki d\u00fc\u015f\u00fc\u015f fiyatlar\u0131 a\u015fa\u011f\u0131 \u00e7ekti. Goldman Sachs&#8217;\u0131n iddias\u0131, metalin birincil yap\u0131sal al\u0131c\u0131s\u0131n\u0131n ortadan kalkmad\u0131\u011f\u0131 y\u00f6n\u00fcnde. Banka, tahminlerinin dayana\u011f\u0131 olarak merkez bankas\u0131 talebine ve \u00f6zellikle geli\u015fmekte olan piyasa rezerv \u00e7e\u015fitlendirmesine g\u00fcvenmeye devam ediyor ve Rusya&#8217;n\u0131n dondurulmu\u015f rezervlerinin baz\u0131 merkez bankalar\u0131n\u0131n alt\u0131n varl\u0131klar\u0131 hakk\u0131ndaki d\u00fc\u015f\u00fcncelerini nas\u0131l etkiledi\u011fine i\u015faret ediyor. Bu tez, D\u00fcnya Alt\u0131n Konseyi&#8217;nin 2026 Merkez Bankas\u0131 Alt\u0131n Rezervleri Anketi&#8217;nde de destek buldu; ankete kat\u0131lanlar\u0131n %89&#8217;u \u00f6n\u00fcm\u00fczdeki 12 ay i\u00e7inde k\u00fcresel merkez bankas\u0131 alt\u0131n rezervlerinin artmas\u0131n\u0131 beklerken, rekor d\u00fczeyde %45&#8217;i kendi kurumlar\u0131n\u0131n rezervlerini art\u0131raca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Goldman Sachs, May\u0131s ay\u0131nda resmi ticaret verilerinin, \u00f6zellikle A\u011fustos 2025&#8217;ten bu yana Londra kasalar\u0131ndan ger\u00e7ekle\u015fen para \u00e7\u0131k\u0131\u015flar\u0131n\u0131 tam olarak yans\u0131tmayan \u0130ngiltere rakamlar\u0131 da dahil olmak \u00fczere, devlet tahvili al\u0131mlar\u0131n\u0131 oldu\u011fundan d\u00fc\u015f\u00fck g\u00f6sterdi\u011fini tespit ettikten sonra merkez bankas\u0131 talep modelini de revize etti. Bu revizyon, bankan\u0131n 12 ayl\u0131k al\u0131m tahminini daha \u00f6nce 29 tondan yakla\u015f\u0131k 50 tona y\u00fckseltti ve Goldman Sachs \u015fimdi 2026 y\u0131l\u0131na kadar devlet tahvili al\u0131mlar\u0131n\u0131n ayda yakla\u015f\u0131k 60 ton olaca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Goldman Sachs&#8217;a g\u00f6re, 4.900 dolarl\u0131k hedefe ula\u015f\u0131labilmesi i\u00e7in piyasan\u0131n sadece devlet talebinden daha fazlas\u0131na ihtiyac\u0131 var; faiz oranlar\u0131, dolar ve yat\u0131r\u0131mc\u0131 ak\u0131\u015flar\u0131ndan gelen bask\u0131n\u0131n birlikte azalmas\u0131 gerekiyor. Haziran ay\u0131 istihdam verileri destekleyici bir sinyal verdi; beklentiler 110.000 iken sadece 57.000 art\u0131\u015f g\u00f6sterdi. May\u0131s ay\u0131 rakam\u0131 da \u00f6nemli \u00f6l\u00e7\u00fcde a\u015fa\u011f\u0131 y\u00f6nl\u00fc revize edildi; bu yava\u015flama, Fed&#8217;in \u015fahin kalmas\u0131 gerekti\u011fi konusundaki g\u00fcveni zedeleyebilir. Fed Ba\u015fkan\u0131 Kevin Warsh&#8217;\u0131n enflasyon risklerinin azald\u0131\u011f\u0131 y\u00f6n\u00fcndeki son yorumlar\u0131 alt\u0131n\u0131n toparlanmas\u0131na yard\u0131mc\u0131 oldu, ancak Warsh ayn\u0131 zamanda merkez bankas\u0131n\u0131n %2&#8217;lik hedefini teyit etti ve daha gev\u015fek bir politikan\u0131n yak\u0131n zamanda uygulanaca\u011f\u0131 varsay\u0131m\u0131na kar\u015f\u0131 uyard\u0131; bu da alt\u0131n\u0131n kal\u0131c\u0131 bir trend olu\u015fturmak i\u00e7in tek bir veri noktas\u0131ndan ziyade s\u00fcrekli olarak daha d\u00fc\u015f\u00fck enflasyon ve daha yumu\u015fak istihdam verilerine ihtiya\u00e7 duydu\u011fu anlam\u0131na geliyor. \u00dc\u00e7\u00fcnc\u00fc bir fakt\u00f6r ise \u00f6zel yat\u0131r\u0131m ak\u0131\u015flar\u0131n\u0131n geri d\u00f6n\u00fc\u015f\u00fc; D\u00fcnya Alt\u0131n Konseyi, k\u00fcresel ETF giri\u015flerinin May\u0131s ay\u0131nda yava\u015flad\u0131\u011f\u0131n\u0131 ve toplam ETF varl\u0131klar\u0131n\u0131n ayl\u0131k bazda %2 azalarak 604 milyar dolara d\u00fc\u015ft\u00fc\u011f\u00fcn\u00fc belirtti.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Di\u011fer bankalar\u0131n iyimserli\u011fi daha az tutarl\u0131. JPMorgan, merkez bankalar\u0131n\u0131n talebinin devam etmesi ve makro belirsizli\u011fe at\u0131fta bulunarak alt\u0131n\u0131n 2026&#8217;n\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011finde ons ba\u015f\u0131na 6.000 dolara y\u00fckselece\u011fini \u00f6ng\u00f6r\u00fcyor. UBS ise, piyasalar\u0131n Fed politikas\u0131n\u0131, dolar\u0131n zay\u0131flamas\u0131n\u0131 ve merkez bankalar\u0131n\u0131n al\u0131mlar\u0131n\u0131 yeniden de\u011ferlendirmesiyle alt\u0131n\u0131n toparlanabilece\u011fi g\u00f6r\u00fc\u015f\u00fcyle \u200b\u200b\u00f6n\u00fcm\u00fczdeki 12 ay i\u00e7inde 5.200 dolar hedefliyor. Morgan Stanley, UBS&#8217;nin 2026&#8217;n\u0131n ikinci yar\u0131s\u0131 i\u00e7in belirledi\u011fi 5.200 dolarl\u0131k hedefi payla\u015f\u0131yor ancak bu seviyenin ger\u00e7ek\u00e7i olmas\u0131 i\u00e7in daha g\u00fc\u00e7l\u00fc ETF giri\u015flerine ihtiya\u00e7 duyuldu\u011funu belirtiyor. Bank of America ise tam tersi y\u00f6nde hareket ederek, yat\u0131r\u0131mc\u0131 talebinin zay\u0131flamas\u0131 ve Fed ile ilgili olumsuzluklar\u0131n artmas\u0131 nedeniyle k\u0131sa vadeli g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc d\u00f6rd\u00fcnc\u00fc \u00e7eyrek i\u00e7in 4.800 dolara d\u00fc\u015f\u00fcrd\u00fc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman&#8217;\u0131n revize edilmi\u015f merkez bankas\u0131 talep modeli, tahmini al\u0131mlar\u0131 2026 y\u0131l\u0131na kadar ayda yakla\u015f\u0131k 60 tona y\u00fckselterek (\u00f6nceki 29 tonluk<\/p>\n","protected":false},"author":1,"featured_media":4350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[78,104],"class_list":["post-4339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansal-piyasalar","tag-altin","tag-xauusd"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/4339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4339"}],"version-history":[{"count":1,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/4339\/revisions"}],"predecessor-version":[{"id":4346,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/4339\/revisions\/4346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/media\/4350"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}