[Institution: The Federal Reserve will take no action this year, maintaining the forecast for gold's average price at $4,600] Odaily Planet Daily reports that Fitch's research institution, BMI Commodity Research, remains optimistic about gold and maintains its forecast for gold's average price at $4,600 per ounce in 2026. The institution also believes that the Federal Reserve will not make any moves regarding interest rates this year. As noted last week, the Fed's hawkish tone has fueled expectations of rate hikes, which poses significant downside risks for gold. However, as long as inflation pressures related to the Middle East conflict dissipate as expected—following the recent agreement between the U.S. and Iran—the most likely outcome remains that interest rates will stay unchanged for an extended period. Gold's short-term price movements may be driven by signals from Federal Reserve policy, and in the near term, precious metals are susceptible to market expectation repricing and a strengthening U.S. dollar. (Jin10)