Fed funds futures have added in about three basis points more in cuts this year, which is small but points to the risk that the Fed gets pushed into being more aggressive
Gold price outlook: Huge volatility and choppiness are expected to continue in gold as traders navigate the maze of data and events in the very short term
The annual Bloomberg Commodity Index rebalancing aims to keep the index aligned with the current state of the global commodity market. This year's window runs from January 9-15
However, the bank lowered its average 2026 price forecast for gold to $4,587 an ounce from $4,600, citing risks that rising prices could trigger a correction later in the year
