Gold prices dropped more than 3% this week, trading near recent lows after weak US employment data showed only 29,000 jobs created in September, missing expectations. The unemployment rate rose to 4.2%, and wage growth slowed, raising doubts about the strength of the labor market. Despite this, inflation remains a key concern for the Federal Reserve, keeping rate hike expectations alive and pressuring gold as a non-yielding asset. Analysts suggest gold may test support around $4,000 but could rally if it gains momentum amid ongoing economic uncertainties and geopolitical risks.
Gold prices and US labor data provide context for this market snapshot. As of Oct 03, 2026 04:01 WIB, 81 of 150 US stocks on Pluang rose while 67 fell. Notable movers include GameStop Corp. (GME) at USD 25.07 with a 3.98% gain and 100% sell order activity, IQIYI Inc (IQ) at USD 0.99 down 3.94% with 83% buy orders, and Freeport-McMoRan Inc (FCX) at USD 71.98 up 3.87% with a near-even buy-sell split.
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Ethereum co-founder Vitalik Buterin highlighted India's significant role in the global tech scene, noting the country holds 17% of the world's population and has many developers working on Ethereum-related technologies. He emphasized India's contribu...
A recent snapshot of Binance's Ether (ETH) perpetual futures order book revealed a significant buy bid of 5,039.67 ETH at $2,265, totaling about $11.41 million. The bid price was slightly below the midpoint price of $2,269.01. Overall, buy orders on ...
OmniAb has reached a point where it no longer needs investor funding to operate, achieving self-sustaining cash flow. The company’s portfolio includes contractually protected options on hundreds of programs, with potential milestones exceeding $3 bil...
