12 December 2022 | Other

Commerzbank: Expectations of a slowdown in US interest rate hikes may provide support for gold

Economists at Commerzbank report that US inflation data and/or the Fed and ECB data could support the gold market this week.

According to experts, inflation data may turn out to be more moderate compared to the market’s expectations. US inflation data may not affect the Fed's interest rate decision. However, it could set the tone at a press conference. If the market lowers its expectations for a rate hike cycle, this is likely to lend buoyancy to Gold.

Nevertheless, the likelihood that the ECB decision will have a serious impact on the prices is somewhat low. 


Company MarketCheese
Period: 24.06.2026 Expectation: 720 pips
USDCAD shows signs of continued rally after exiting overbought territory
Today at 12:00 PM 4
Period: 24.06.2026 Expectation: 750 pips
Buying EURUSD ahead of Fed rate decision
Today at 10:44 AM 9
Period: 01.07.2026 Expectation: 2200 pips
Invest in NVIDIA stock up to $230
Today at 10:32 AM 6
Period: 24.06.2026 Expectation: 160 pips
Natural gas caught between US heat and supply relief
Today at 06:38 AM 11
Period: 30.06.2026 Expectation: 1000 pips
Buy GBPUSD with 1.3500 in sight
Today at 04:00 AM 17
Period: 16.07.2026 Expectation: 4000 pips
Invest in Tesla stock with $450 target
Yesterday at 11:55 AM 24
Go to forecasts