Back to News
Market Impact: 0.3
Can gold price catch a bid? US labor market continues to struggle as ADP says 38K jobs created in August
Source: kitco.com
Economic DataInterest Rates & YieldsCommodities & Raw Materials

Gold is stabilizing after heavy early-week selling, following a weaker-than-expected August jobs report in the private sector. Fewer jobs than expected adds caution around the interest-rate outlook, supporting attempts to find “solid ground” in gold prices.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.10
More News
- ECB's Lagarde says bond selloff will slow inflation
- Christine Lagarde: IMFC Statement
- U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
- IMF urges support for poorer nations facing high inflation, war spillovers
- Yields continue to rattle investors. These sectors are most at risk if rates stay elevated
- Indonesia’s Danantara pledges $5 billion to home-grown companies as MSCI once again threatens a downgrade