Gold prices gained 1% following the release of US labor data showing much slower job growth than expected in September. Nonfarm payrolls increased by only 29,000, far below the forecast of 89,000, while the unemployment rate rose to 4.2% from 4.1%. This weaker labor market data boosted safe-haven demand for gold amid concerns about economic growth and potential Federal Reserve policy moves. Investors will watch upcoming economic reports and Fed signals closely for further direction on gold prices.
Gold prices and U.S. job growth data provide context for market activity. For readers following U.S. stocks, here is Pluang's market snapshot as of Oct 02, 2026 18:21 WIB: out of 150 priced US stocks, 115 rose and 29 fell. Intel Corp (INTC) traded at USD 122.21 with a 1-day change of +1.84%, and Airbnb, Inc. (ABNB) was priced at USD 163.42, also up +1.84%.
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...
SU Group Holdings Limited has completed the acquisition of 100% equity in KM Safety Solution Company Limited for HK$5.6 million (approximately US$721,000). This acquisition expands SU Group's offerings by adding safety solutions, consultancy services...
Bitcoin short positions worth $9.58 million were liquidated within an hour ending at 8:36 a.m. ET on October 2, as the cryptocurrency's price increased by 0.46%. Total Bitcoin liquidations during this period reached $10.05 million, with long position...
Rivian reported a 46% year-over-year increase in vehicle deliveries for Q3, delivering 19,248 units compared to 13,201 last year, surpassing Wall Street expectations of 18,000 units. The company reaffirmed its 2026 delivery guidance of 65,000 to 70,0...
Jefferies reports that European soft drinks value growth slowed to 4.6% in early September from 12.0% previously, driven by a sharp moderation in volume growth to 1.4% from 9.2%. Price and mix contributions increased slightly, supported by favorable ...
