Warsh as Fed chair likely less loyal to Trump, but not more hawkish, and no worse for gold – Analyst reactions

(Kitco News) – The nomination of Kevin Warsh as the next chair of the Federal Reserve doesn’t materially impact the gold price forecast for 2026 – at least not yet – but it doesn’t mean the contentious relationship between President Trump and the central bank will be resolved either, according to Thu Lan Nguyen, head of commodity and FX research at Commerzbank.