Gold bias held neutral on October 3, 2026
Gold extended its slide but safe-haven flows limited losses, with price stalling near $4,200. September US nonfarm payrolls came in well below expectations at 29K, with July revised negative, wage growth slowing and unemployment rising to 4.2%. Dovish Fed comments signaling low appetite for tightening, along with moves in US yields and rate expectations after the jobs data, are shaping the backdrop for the metal.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
Headlines (13)
Carried over from earlier days
- Morgan Stanley Names 3 Supports for Gold After a 3.8% Slide This YearBeInCrypto
- Gold: Upside capped by real yields – UOBFXStreet
- Gold Steadies Near $4,180. A GDP Upgrade Just Undercut the Inflation Miss.GoldSilver
- Oil is gold's biggest enemy right now, Bank of America warns. Downside risk under $4000.InvestingLive
- Gold recovers above $4,150 as US yields retreat ahead of US September jobs dataFXStreet
- Gold Price Forecast: US Nonfarm Payrolls holds the key to XAU/USD’s next big moveFXStreet
- Gold finds support as dovish Fed comments signal low appetite for tighteningInvestingLive
- US Non Farm Payroll Employment Misses at 29K as Wages Slow and Unemployment Rises to 4.2%ActionForex
- Jobs Huge Miss: Sept Payrolls Plunge To Just 29K, Below All Estimates As July Revised NegativeZeroHedge
- 'Massive Short Squeeze': Yields, Rate-Hike Odds Plummet After Piss-Poor Payrolls PrintZeroHedge
- September Payrolls Just Missed by 70,000. Gold and Silver Didn’t Wait to React.GoldSilver
- Gold Weekly Forecast: Precious metal extends slide but safe-haven flows limit lossesFXStreet
- Gold fails at $4,200 despite NFP miss as US yields climbFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 5 | ||
| Final Services PMI | 58.7 | USD |
| ISM Services PMI | 55.1 | USD |
| Tuesday, October 6 | ||
| Unemployment Rate | 3.1% | CHF |
| Trade Balance | -95.2B | USD |
| FOMC Member Bowman Speaks | USD | |
| API Weekly Statistical Bulletin | USD | |
| FOMC Member Logan Speaks | USD | |
| ADP Weekly Employment Change | USD | |