Gold Market Surge Passes Key Level
Gold prices rose today, Thursday, September 3, 2026, amid a decline in the US dollar and Treasury bond yields, with increases ranging from 0.5% to 0.9%. Investors are awaiting the release of non-farm payroll data in the United States, which could influence the Federal Reserve's decision on interest rate hikes, with the market pricing in a 62% probability of an increase. This comes amid pressure on the dollar and falling bond yields, enhancing gold's appeal as an inflation hedge, while markets are also watching for any potential escalation in US policies toward Iran following the November midterm elections.
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