Capital Economics expects gold to edge lower for the rest of the year as the Fed keeps raising rates. Hamad Hussain, a climate and commodities economist at the firm, said prices are likely to ease further because the central bank continues tightening and temporary fears around the end of the AI boom fade. The comment came as gold sat near $4,165 after a weekly loss, with markets pricing a high chance of another hike by December. higher rates raise the opportunity cost of holding a non-yielding asset. Hotter-than-expected US inflation readings have already pushed traders to lift the odds of further increases, supporting the dollar and Treasury yields at the same time. Both tend to weigh on gold. the call is for the rest of 2026. It does not rule out longer-term support from central-bank buying or other factors. It does say the near-term path is lower if the Fed stays on this course. #Gold #BTC Price Analysis# #Macro Insights# $BTC $XAUt