Gold and silver prices increased following a weaker-than-expected U.S. September employment report, which showed only 29,000 new jobs added versus estimates around 88,000 to 90,000. The unemployment rate rose to 4.2%, and payroll revisions lowered previous months' figures, leading to reduced expectations for a Federal Reserve rate hike in October. This softer labor market data pushed Treasury yields down and increased demand for safe-haven assets like gold and silver. Additionally, ongoing risks in the Strait of Hormuz keep energy inflation concerns alive, supporting precious metals further. Investors await upcoming economic data, including factory orders, manufacturing shipments, and the ISM services report, before the next inflation update on October 14.
Gold and silver price movements are set against a backdrop where 126 of 150 US stocks traded on Pluang rose today. For readers following US equities, here is Pluang's market snapshot as of Oct 02, 2026 19:31 WIB: Intel Corp (INTC) gained 3.06% to USD 123.67 with a buy order activity of 60%, Norwegian Cruise Line Holdings Ltd (NCLH) rose 2.87% to USD 15.06 with 100% buy orders, and ASE Technology Holding Co Ltd (ASX) increased 2.84% to USD 46.00 despite a majority sell order activity of 84%.
Warren Buffett has stepped down as chairman of Berkshire Hathaway after leading the company for 61 years and delivering an impressive annual return of 19.7%. This marks the end of an era for the investment giant, raising questions about the future le...
WISeKey International Holding AG reported a smaller-than-expected loss of $1.11 per share, beating analyst estimates. Despite a slight revenue miss at $11.43 million, the company showed strong first-half 2026 revenue growth of about 116% year-over-ye...
Rivian reported a 45% increase in electric vehicle deliveries in Q3, reaching 19,248 units, driven largely by the launch of the more affordable R2 SUV. The company aims to sell 20,000 to 25,000 R2 vehicles by year-end, potentially making it one of th...
The US Labor Department reported that employers added 29,000 jobs in September, significantly below the expected 80,000. Additionally, job gains from the previous two months were revised downward by a total of 60,000 jobs. Despite the slower job grow...
Moog Inc. and Niron Magnetics are jointly exhibiting their rare-earth-free Iron Nitride permanent magnet technology at the AUSA 2026 Annual Meeting to promote domestically sourced defense actuators for land vehicles and missiles. This collaboration a...
