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.
A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...
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Bitzero Holdings Inc. has renewed contracts with investor relations firms Think Ink Marketing and Adelaide Capital Markets to enhance its capital markets presence and increase awareness of its Nordic data center infrastructure. Think Ink will run a t...
