Gold seen supported as Fed Chair stance lowers 2026 hike odds

Gold is being positioned as having more upside if the new Federal Reserve Chair continues to rely on markets to do some of the central bank’s work. Should more policymakers back that view, the probability of a rate hike in 2026 would fall.

That would weaken the dollar and support gold, according to the post. With rate-hike expectations easing, the yellow metal may attract fresh interest even as the Fed Chair’s approach remains a key focus.