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    Home»UAE»Gold steadies before US payrolls data, set for second weekly loss
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    Gold steadies before US payrolls data, set for second weekly loss

    Editorial TeamBy Editorial TeamOctober 2, 2026
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    SINGAPORE, 2nd October, 2026 (WAM) — Gold steadied on Friday but remained on track for ​a second straight weekly decline, pressured by a firmer US dollar ‌and elevated Treasury yields, as investors awaited key US payrolls data for clues on the Federal Reserve’s policy path.

    Spot gold was little changed at $4,184.45 per ounce by 0419 GMT and was down ​more than 2 percent for the week so far. US gold futures rose ​0.3 percent to $4,214.70.

    Spot silver ​climbed 0.5 percent to $61.18, platinum gained 0.6 percent to $1,734.44, and palladium rose 0.9 percent to $1,181.93. All three metals were poised for ​weekly losses.

    Source: Emirates News Agency

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