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Gold prices hold steady near session lows after weaker-than-expected US manufacturing data in September.

Market News
01 Oct 2026
Kitco
View Source
Neutral
Gold prices hold steady near session lows after weaker-than-expected US manufacturing data in September.

Gold prices remained close to session lows following the release of the US Institute for Supply Management's Manufacturing PMI for September, which fell slightly to 54.5, below expectations of 55. The data showed continued expansion in US manufacturing but at a slower pace, with mixed signals across new orders, production, and employment. Despite the slowdown, prices within the sector rose notably, reflecting inflationary pressures. This cautious manufacturing outlook has kept gold prices relatively stable as investors weigh economic growth concerns against inflation risks.

Gold prices are noted after the ISM Manufacturing PMI dipped to 54.5, indicating a slower expansion in US manufacturing. For readers following US stocks on Pluang, here is the market snapshot as of Oct 01, 2026 21:21 WIB: out of 150 priced US stocks, 52 rose and 97 fell. Notable movers include AMC at USD 2.87 with a 1-day change of -4.33%, IBM at USD 229.46 up 4.33%, and Barclays PLC at USD 23.28 down 4.08%.

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