Gold price today, Friday, September 4, 2026: Gold price lifts ahead of jobs report

On Friday, September 4, 2026, gold prices surged ahead of the U.S. August jobs report. December futures for gold opened at $4,522 per troy ounce, marking a 0.4% decrease from Thursday's closing price. The current price of gold stood at $4,521.40 per troy ounce as of 6:45 a.m. ET on the same day. Economists anticipated the U.S. to have added 55,000 jobs in August, a significant improvement from the unexpected decline in July.

Earlier this week, data indicated that the labor market was experiencing minimal and stable growth. The combination of a modest jobs report and comments from Fed Governor Chris Waller suggested a potential for the Federal Reserve to maintain interest rates steady if the upcoming inflation report showed easing price gains. This shift in sentiment allowed gold prices to find more stability.