BMI: The price of gold will be driven by the US Interest Rate

On December 13th, Jinshi Data News, analysts from BMI, a research institution under Fitch, said that the scale and frequency of interest rate cuts in the United States will be one of the main driving factors for the trend of gold prices in the coming months. Analysts said, ‘With Trump’s victory, the resilience of the U.S. economy in 2025, and the possibility of tariffs leading to inflation rise, the Federal Reserve may take a more cautious approach to interest rate cuts.’ ‘The larger the rate cuts and the more frequent they are, the greater the upward pressure on gold due to its non-income characteristics.’ The research department said that gold prices are expected to receive support in the coming months, with an average of $2,500 per ounce next year, but further pump may be limited.