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Gold holds steady ahead of US employment figures

Shafaqna English– Gold prices showed limited movement on Tuesday(1 Sep 2026), with market participants carefully evaluating geopolitical risks emanating from the Middle East while also positioning themselves ahead of crucial U.S. employment figures scheduled for release later this week. These labor market statistics are expected to play a significant role in influencing market sentiment regarding the Federal Reserve’s future interest rate decisions.

By 02:35 GMT, spot gold had declined by 0.3%, trading at $4,437.10 per ounce. This followed a dip in the prior trading session, during which the precious metal had fallen to its weakest level since August 19.

Source: Reuters

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