Gold settled

Gold remains flat after rising on Tuesday on signs of easing measures in China and cooling inflation in the US. Gold remained flat in Asia after rising on Tuesday on signs of easing pandemic restrictions in China and cooling inflation in the US. Spot gold rose 0.9 percent in the previous session after Beijing lifted the requirement for incoming passengers to quarantine, trading above $1,800 per ounce. Gram gold is finding buyers at TL 1,089. Growth is expected to accelerate in China, one of the world's largest gold buyers, next year after the rapid easing of the zero-Covid policy. However, it is stated that this situation could contribute to global inflationary pressure and have a negative impact on the precious metal, which does not yield interest.