BMI Maintains 2026 Gold Price Forecast at $4,600/oz, Expects No Fed Rate Action

According to BMI Commodities Research (Fitch subsidiary), on June 26, the firm maintains its 2026 average gold price forecast at $4,600 per ounce. The institution also expects the Federal Reserve to take no rate action this year, as inflation pressures from Middle East tensions are expected to subside following recent U.S.-Iran agreements.
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