{
  "id": 5232850,
  "title": "Gold rises as dollar and yields ease, with US nonfarm payrolls report in spotlight",
  "url": "https://urgent.news/2026/09/03/gold-rises-as-dollar-and-yields-ease-with-us-nonfarm-payrolls-report",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T02:52:24.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40437724/gold-rises-as-dollar-and-yields-ease-with-us-nonfarm-payrolls-report-in-spotlight"
  },
  "original_language": "en",
  "account": "Gold prices surged on Thursday amid easing US dollar and Treasury yields, amid anticipation of U.S. nonfarm payrolls data, which could provide clues to the Federal Reserve’s forthcoming policy decision. Spot gold increased 0.5% to $4,409.97 per ounce by 0219 GMT, following a near one-month low in the preceding session. US gold futures climbed 0.9% to $4,455.30. The US dollar faced pressure while US Treasury yields dropped from multi-year peaks. A weaker dollar makes greenback-priced metals less costly for holders of other currencies. The ADP National Employment Report indicated a modest increase in US private payrolls in August. \"The payrolls report will probably be the biggest defining moment of the week. If the jobs report misses expectations, and September rate hike bets decline, that could see gold move higher,\" stated Ilya Spivak, head of global macro at Tastylive. \"If prices get over the $4,400 level they’re currently in, we are going back in the direction of $4,500 and then $4,700.\" Markets presently anticipate a 62% probability of a U.S. rate hike this month, according to the CME FedWatch Tool. U.S. economic activity grew slightly, employment rose modestly, and prices increased moderately in recent weeks, as reported by the Federal Reserve in a mixed analysis released on Wednesday. Gold is typically viewed as an inflation hedge; however, higher rates elevate the opportunity cost of holding the non-yielding asset. Geopolitically, top aides to US President Donald Trump are urging to prevent the Iran war from escalating before the November midterm elections to avoid Republican electoral losses, according to four people familiar with the discussions. White House officials may consider intensifying military action after the November 3 vote, according to the sources. Silver rose 0.6% to $65.74, platinum climbed 0.6% to $1,770.88, and palladium increased 0.6% to $1,354.00.",
  "summary": "Gold prices firmed on Thursday as the US dollar and Treasury yields eased, while investors strapped in for U.S. nonfarm payrolls data that could help shape expectations for the Federal Reserve’s next policy move. Spot gold rose 0.5% to $4,409.97 per ounce by 0219 GMT after hitting a near one-month low in the previous session. US gold futures gained 0.9% to $4,455.30. The US dollar was under…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Gold rebounds above $4,350 as US Dollar, Treasury yields slip",
        "url": "https://urgent.news/2026/09/02/gold-rebounds-above-4-350-as-us-dollar-treasury-yields-slip",
        "published": "2026-09-02T23:29:32.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Gold rebounds over 1pct as US dollar, yields pull back from highs",
        "url": "https://urgent.news/2026/09/03/gold-rebounds-over-1pct-as-us-dollar-yields-pull-back-from-highs",
        "published": "2026-09-03T00:18:20.000Z"
      }
    ]
  },
  "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."
}