Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
28 December 2022 | Other

Gold rises amid easing of Covid restrictions in China and signs of declining inflation in the US

Gold

The price of gold has increased, exceeding $1,800 per ounce. This comes as China lifts more and more Covid restrictions, putting pressure on the U.S. dollar amid rising risk assets.

Since the beginning of January, travelers entering China are no longer required to be under quarantine. The rapid lifting of the country's strict pandemic control rules could help boost Asia's largest economy.

Markets are also processing Friday's U.S. data, which showed a decline in inflation and a slowdown in consumer spending. This may ease the pressure on the Fed to raise rates later.

In the current quarter, gold prices have increased by more than 9%. This is due to expectations of a slowdown in the Fed's aggressive monetary policy and the U.S. dollar's retreat.

Company MarketCheese

Recommended

United States. CFTC Gold speculative net positions. The value of the indicator has increased from 176.6K to 204.7K
5 December
United States. Core PCE Price Index (MoM). The value of the indicator remained at the same level of 0.2%
5 December
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
5 December
United States. CFTC Gold speculative net positions. The value of the indicator has decreased from 232K to 176.6K
2 December
United States. CFTC Gold speculative net positions. The value of the indicator has decreased from 252.9K to 232K
21 November
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
5 December
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
5 December
European Union. GDP (QoQ). The value of the indicator has increased from 0.2% to 0.3%
5 December
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
4 December
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
2 December
All news

Forecasts

Gold buy
Period: 15.12.2025 Expectation: 16000 pips
Gold needs to cool off ahead of its next leg up
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Today at 10:26 AM 35
Lyra_Moonwell1
Silver buy
Period: 19.12.2025 Expectation: 1000 pips
Silver poised to consolidate above $59 following correction
FA Other Indicators Chart analysis
Today at 09:52 AM 22
Tom_Kern
S&P 500 sell
Period: 15.12.2025 Expectation: 1900 pips
S&P 500 rally faces key test before Fed meeting
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Today at 06:27 AM 25
Emily_Foster
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
FA Other Indicators Chart analysis
05 December 2025 52
John_Bullard
GBPUSD sell
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
05 December 2025 52
Lyra_Moonwell1
USDJPY sell
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
TA Other FA Other
05 December 2025 35
McCarthy_Raymond
Go to forecasts