Gold prices fell below $4,100 an ounce amid selling pressure driven by stronger-than-expected US labor market data. Weekly jobless claims dropped to 194,000, lower than the forecasted 200,000 and the lowest since late July, indicating a healthy employment situation. This robust labor data reduces gold's appeal as a safe-haven asset, contributing to the price decline. The market may continue to face selling pressure if the US labor market remains strong.
Gold prices are under pressure as U.S. jobless claims fall to a three-month low. For readers following market breadth, 42 of 150 US stocks rose while 107 fell on Pluang. Notable movers include ASX at USD 40.31 with 0% Sell / 100% Buy activity, HOOD at USD 97.28 with 98% Sell / 2% Buy, and MRVL at USD 233.70 with 58% Sell / 42% Buy, as of Oct 22, 2026 18:51 WIB.
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