[Institutions: As long as the Fed's forward guidance points to rate cuts, gold can rise] Jin10 News, May 5 – Strategists at State Street Global Advisors stated in a report that as long as market consensus and the Federal Reserve's forward guidance point toward future easing policies, gold prices are likely to rise. Currency markets and forex traders may be waiting for a tangible (U.S.-Iran) peace agreement to reprice expectations for Fed rate cuts. They believe that as long as forward guidance indicates imminent rate cuts, gold can perform well even if the Fed keeps rates unchanged. However, if the monetary policy outlook continues to shift hawkish, it could pose headwinds for gold, at least in the short term. Additionally, if oil prices stabilize at $100 per barrel as the new norm, it could also limit gold's momentum toward rising to $5,000 per ounce.