{"id":159890,"date":"2026-01-29T06:38:14","date_gmt":"2026-01-29T06:38:14","guid":{"rendered":"https:\/\/friss-hirek.hu\/index.php\/az-arany-az-uj-menekules-osszetett-okok-miatt-szarnyal-az-arfolyama\/friss-hirek\/"},"modified":"2026-01-29T06:38:14","modified_gmt":"2026-01-29T06:38:14","slug":"az-arany-az-uj-menekules-osszetett-okok-miatt-szarnyal-az-arfolyama","status":"publish","type":"post","link":"https:\/\/friss-hirek.hu\/index.php\/az-arany-az-uj-menekules-osszetett-okok-miatt-szarnyal-az-arfolyama\/uzlet\/","title":{"rendered":"Az arany az \u00faj menek\u00fcl\u00e9s, \u00f6sszetett okok miatt sz\u00e1rnyal az \u00e1rfolyama"},"content":{"rendered":"<p><strong>\u00daj t\u00f6rt\u00e9nelmi cs\u00facsok k\u00f6zel\u00e9ben j\u00e1r az arany \u00e9s az ez\u00fcst, de a h\u00e1tt\u00e9rben zajl\u00f3 folyamatok j\u00f3val \u00f6sszetettebbek ann\u00e1l, mint amit az \u00e1rfolyamok els\u0151 pillant\u00e1sra mutatnak.<\/strong><\/p><div id=\"friss-1143200109\" class=\"friss-etarget friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div>\n<p><strong>Mi t\u00f6rt\u00e9nt?<\/strong> Az arany \u00e1rfolyama cs\u00fct\u00f6rt\u00f6k\u00f6n tov\u00e1bb er\u0151s\u00f6d\u00f6tt, \u00e9s megk\u00f6zel\u00edtette az unci\u00e1nk\u00e9nti 5600 doll\u00e1ros szintet, mik\u00f6zben a befektet\u0151k a geopolitikai \u00e9s gazdas\u00e1gi bizonytalans\u00e1gok k\u00f6zepette biztons\u00e1gos mened\u00e9ket kerestek. A hat\u00e1rid\u0151s piacon az arany \u00e1ra egyetlen nap alatt t\u00f6bb mint 2,6 sz\u00e1zal\u00e9kkal emelkedett, \u00e9s az \u00e9v eleje \u00f3ta m\u00e1r meghaladja a 27 sz\u00e1zal\u00e9kos dr\u00e1gul\u00e1st. Ez k\u00fcl\u00f6n\u00f6sen annak f\u00e9ny\u00e9ben figyelemre m\u00e9lt\u00f3, hogy a nemesf\u00e9m tavaly is hatvann\u00e9gy sz\u00e1zal\u00e9kos pluszban z\u00e1rt, <a href=\"https:\/\/www.reuters.com\/world\/india\/gold-extends-record-run-races-past-5400oz-2026-01-28\/\">sz\u00e1mol be a Reuters<\/a>. <\/p>\n<p><strong>Mi\u00e9rt t\u00f6rt\u00e9nik?<\/strong> Elemz\u0151k szerint az emelked\u00e9st egyszerre hajtja a mened\u00e9keszk\u00f6z\u00f6k ir\u00e1nti er\u0151s kereslet, a jegybankok folyamatos v\u00e1s\u00e1rl\u00e1sai \u00e9s a gyeng\u00e9bb doll\u00e1r. T\u00f6bben \u00fagy l\u00e1tj\u00e1k, hogy az arany szerepe \u00e1talakul\u00f3ban van: m\u00e1r nem csup\u00e1n v\u00e1ls\u00e1g- vagy infl\u00e1ci\u00f3v\u00e9delmi eszk\u00f6zk\u00e9nt tekintenek r\u00e1, hanem \u00e1ltal\u00e1nos \u00e9rt\u00e9kmeg\u0151rz\u0151 befektet\u00e9sk\u00e9nt is. Az \u00e1rfolyam meredek \u00edve r\u00f6vid t\u00e1von korrekci\u00f3t vet\u00edt el\u0151re.<\/p>\n<p><strong>Geopolitikai okok. <\/strong>A piaci hangulatot tov\u00e1bb f\u0171tik a geopolitikai fejlem\u00e9nyek is. Az Egyes\u00fclt \u00c1llamok \u00e9s Ir\u00e1n k\u00f6z\u00f6tti fesz\u00fclts\u00e9g er\u0151s\u00f6d\u00e9se, valamint az amerikai jegybank d\u00f6nt\u00e9se, amely szerint v\u00e1ltozatlanul hagyta a kamatokat, szint\u00e9n az arany fel\u00e9 terelte a befektet\u0151ket. Jerome Powell jegybankeln\u00f6k jelezte, hogy az infl\u00e1ci\u00f3 m\u00e9g mindig j\u00f3val a k\u00e9t sz\u00e1zal\u00e9kos c\u00e9l felett van, ami szint\u00e9n kedvez a nemesf\u00e9meknek. Emellett egy nagy kriptobefektet\u00e9si csoport bejelent\u00e9se is lend\u00fcletet adott az \u00e1raknak, amely portf\u00f3li\u00f3ja t\u00edz\u2013tizen\u00f6t sz\u00e1zal\u00e9k\u00e1t fizikai aranyba k\u00edv\u00e1nja \u00e1tcsoportos\u00edtani.<\/p>\n<p><strong>M\u00e1s nemesf\u00e9mek. <\/strong>Az ez\u00fcst sem maradt le: \u00e1ra t\u00f6rt\u00e9nelmi cs\u00facs k\u00f6zel\u00e9be emelkedett, \u00e9s id\u00e9n m\u00e1r t\u00f6bb mint hatvan sz\u00e1zal\u00e9kos n\u00f6veked\u00e9st mutat. A befektet\u0151k egy r\u00e9sze az aranyn\u00e1l olcs\u00f3bb alternat\u00edv\u00e1t l\u00e1t benne, mik\u00f6zben a k\u00edn\u00e1lati sz\u0171k\u00f6ss\u00e9g is egyre \u00e9rezhet\u0151bb. A platina szint\u00e9n er\u0151s\u00f6d\u00f6tt, m\u00edg a pall\u00e1dium \u00e1ra m\u00e9rs\u00e9kl\u0151d\u00f6tt, jelezve, hogy a nemesf\u00e9mek piac\u00e1n egyre differenci\u00e1ltabb mozg\u00e1sok figyelhet\u0151k meg.<\/p>\n<p><!-- No email blocks found --><\/p>\n<p>The post <a href=\"https:\/\/forbes.hu\/penz\/az-arany-az-uj-menekules-osszetett-okok-miatt-szarnyal-az-arfolyama\/\">Az arany az \u00faj menek\u00fcl\u00e9s, \u00f6sszetett okok miatt sz\u00e1rnyal az \u00e1rfolyama<\/a> appeared first on <a href=\"https:\/\/forbes.hu\/\">Forbes.hu<\/a>.<\/p><div id=\"friss-3542521008\" class=\"friss-etarget-cikk-vege friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div><div id=\"friss-3768495060\" class=\"friss-after-content friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div><div id=\"friss-278782349\" class=\"friss-after-content_2 friss-entity-placement\" style=\"clear: both;\"><div class=\"wprss_ajax\" data-id=\"rss5576a4909b\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/friss-hirek.hu\/wp-content\/plugins\/wp-rss-retriever\/inc\/imgs\/ajax-loader.gif\" alt=\"Loading RSS Feed\" width=\"16\" height=\"16\"><\/div><\/div><br style=\"clear: both; display: block; float: none;\"\/><div id=\"friss-782859274\" class=\"friss-after-content_3 friss-entity-placement\">https:\/\/www.youtube.com\/watch?v=Pdnw4KiUWp0<\/div>","protected":false},"excerpt":{"rendered":"<p>\u00daj t\u00f6rt\u00e9nelmi cs\u00facsok k\u00f6zel\u00e9ben j\u00e1r az arany \u00e9s az ez\u00fcst, de a h\u00e1tt\u00e9rben zajl\u00f3 folyamatok j\u00f3val \u00f6sszetettebbek ann\u00e1l, mint amit az \u00e1rfolyamok els\u0151 pillant\u00e1sra mutatnak. Mi t\u00f6rt\u00e9nt? Az arany \u00e1rfolyama cs\u00fct\u00f6rt\u00f6k\u00f6n tov\u00e1bb er\u0151s\u00f6d\u00f6tt, \u00e9s megk\u00f6zel\u00edtette az unci\u00e1nk\u00e9nti 5600 doll\u00e1ros szintet, mik\u00f6zben a befektet\u0151k a geopolitikai \u00e9s gazdas\u00e1gi bizonytalans\u00e1gok k\u00f6zepette biztons\u00e1gos mened\u00e9ket kerestek. A hat\u00e1rid\u0151s piacon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-159890","post","type-post","status-publish","format-standard","hentry","category-uzlet"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/159890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/comments?post=159890"}],"version-history":[{"count":0,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/159890\/revisions"}],"wp:attachment":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/media?parent=159890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/categories?post=159890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/tags?post=159890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}