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

Credit Suisse: the backdrop for the precious metals market is going to improve in 2023

Silver
Gold

The situation for cyclical commodities is likely to remain volatile and challenging. But Credit Suisse experts suggest the value of gold could rise at the end of 2023. 

Strategists believe the backdrop for cyclical commodities will continue to be unfavorable next year. Meanwhile, central banks are expected to further tighten monetary policy, hitting the peak of their hawkishness. These measures may improve the outlook for precious metals and, in particular, gold.

As regulators take the risk to trigger a sharp growth slump, experts note a probability of gold prices rising over time. It is premature to build direct exposure, according to the strategists, but a reasonable move is to look for medium-term upside potential.

Company MarketCheese

Recommended

South Africa. Gold Production (YoY). The value of the indicator has decreased from -0.4% to -3.6%
14 October
United States. CFTC Silver speculative net positions. The value of the indicator has increased from 51.5K to 52.3K
26 September
United States. CFTC Gold speculative net positions. The value of the indicator has increased from 266.4K to 266.7K
26 September
United States. Core PCE Price Index (MoM). The value of the indicator remained at the same level of 0.2%
26 September
United States. Core PCE Price Index (YoY). The value of the indicator remained at the same level of 2.9%
26 September
Top news
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
17 October
European Union. Trade Balance. The value of the indicator has decreased from 12.7B to 1B
16 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.4% to 0.1%
6 October
European Union. Unemployment Rate. The value of the indicator has increased from 6.2% to 6.3%
2 October
United States. ISM Manufacturing PMI. The value of the indicator has increased from 48.7 to 49.1
1 October
All news

Forecasts

GBPUSD sell
Period: 25.10.2025 Expectation: 1600 pips
Selling GBPUSD amid lower UK inflation
FA Other Chart analysis
Today at 10:29 AM 5
McCarthy_Raymond
EURUSD buy
Period: 29.10.2025 Expectation: 650 pips
EURUSD sees tentative rebound
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 10:07 AM 4
Lyra_Moonwell1
NVIDIA Corporation buy
Period: 29.10.2025 Expectation: 1100 pips
NVIDIA shares drop due to market uncertainty
Technical analysis FA Other Hot news Indicators Fundamental analysis
Today at 08:40 AM 7
Emily_Foster
Gold sell
Period: 30.11.2025 Expectation: 11500 pips
Increasing risk of gold's long squeeze could reinforce decline to $4,070
FA Other Chart analysis
Today at 05:28 AM 24
McCarthy_Raymond
AUDUSD sell
Period: 28.10.2025 Expectation: 450 pips
Selling AUDUSD amid prevailing downtrend
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 10:10 AM 41
Lyra_Moonwell1
Tesla Inc sell
Period: 28.10.2025 Expectation: 4700 pips
Selling Tesla stock ahead of quarterly earnings release
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 08:56 AM 34
Emily_Foster
Go to forecasts