{
  "id": 11363270,
  "title": "Gold steadies as stronger dollar, higher yields weigh; U.S. jobs data awaited",
  "url": "https://urgent.news/2026/10/02/gold-steadies-as-stronger-dollar-higher-yields-weigh-u-s-jobs-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T05:06:51.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/commodities-news/gold-steadies-as-stronger-dollar-higher-yields-weigh-us-jobs-data-awaited-4928890"
  },
  "original_language": "en",
  "account": "On Friday, gold prices remained relatively stable as investors awaited U.S. employment data to gauge the Federal Reserve's interest-rate trajectory. A stronger dollar and elevated Treasury yields diminished the allure of non-yielding bullion. Spot gold rose by 0.1% to $4,182.45 per ounce, while U.S. Gold Futures increased by 0.2% to $4,212.05. Despite this, the yellow metal was on track for a second consecutive weekly decline, slipping more than 2% so far this week.\n\nThe U.S. Dollar Index slipped by 0.2%, yet remained close to a 17-month peak hit in the preceding session, making gold more expensive for holders of other currencies. Meanwhile, the U.S. 10-year Treasury yield briefly surged to 5.344%, its peak since 2002, before settling around 5.25% on Friday.\n\nMarkets are fixated on the upcoming nonfarm payrolls report due later on Friday. Economists anticipate the U.S. to have added approximately 90,000 jobs, a drop from 162,000 in August, with the unemployment rate projected to remain at 4.1%. The Federal Reserve hiked its benchmark rate by 25 basis points last month to 3.75%-4.00%, its inaugural increase in three years, and suggested additional hikes could follow. However, softer-than-anticipated U.S. inflation data has tempered expectations for another rate hike this month, with markets pricing around a 28% probability of an October increase, a significant decline from 69% a week ago. Earlier in the week, gold gained some support due to softer-than-expected U.S. inflation data, reducing rate-hike expectations. Yet, traders remain cautious that persistent oil-price gains and higher bond yields could maintain inflation pressures, further complicating the outlook for gold.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Gold Steadies as Easing US Bond Yields Reduce Rate-Hike Bets",
        "url": "https://urgent.news/2026/10/02/gold-steadies-as-easing-us-bond-yields-reduce-rate-hike-bets",
        "published": "2026-10-02T00:14:23.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold steadies as easing US bond yields reduce rate hike bets",
        "url": "https://urgent.news/2026/10/02/gold-steadies-as-easing-us-bond-yields-reduce-rate-hike-bets-11329554",
        "published": "2026-10-02T01:54:21.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Gold prices fall for second week as dollar and bond yields rise",
        "url": "https://urgent.news/2026/10/02/gold-prices-fall-for-second-week-as-dollar-and-bond-yields-rise",
        "published": "2026-10-02T05:17:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}