Gold bias flipped 2 times to neutral on September 5, 2026
Gold prices fell as August US payrolls came in far above forecasts, prompting traders to increase expectations for more aggressive Federal Reserve rate hikes. That said, the world's largest money managers have been rebuilding gold positions, while geopolitical risks remain in focus, potentially offering support. Gold is currently consolidating below $4,500 as markets digest the jobs data.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 2 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 14:26Bullish
- 15:07Neutral
Headlines (12)
First seen on September 5
- Gold Price’s Coin Flip Lasted A DayGold Eagle
Carried over from earlier days
- Gold’s run isn’t yet doneFinancial Times
- XAU/USD Price Forecast: Gold defies sellers around $4,500FXStreet
- Gold soars as Waller's dovish tone hurts Fed hike bets ahead of NFPFXStreet
- Gold rebounds above $4,450 as Waller tempers Fed rate hike bets ahead US jobs dataFXStreet
- Gold consolidates below $4,500 as bulls look to US NFP for Fed rate cuesFXStreet
- Gold Amid Escalating War Risks: Implications Beyond the Middle EastInvesting.com
- World's biggest money managers are rebuilding gold positionsMining Weekly
- Bitcoin and Gold Crash As US Payrolls Crush ForecastsBeInCrypto
- Gold and Silver Drop as August Payrolls Blow Past Forecasts. Four Other Threads Moved Today Too.GoldSilver
- Bitcoin & Gold Outlook: BTC and XAU correct as US Nonfarm Payrolls rise by 162K in AugustFXStreet
- Gold falls as traders increase Fed hawkish bets after stellar NFPFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| Foreign Currency Reserves | CHF | |
| Unemployment Rate | 3.1% | CHF |
| Bank Holiday | USD | |
| Tuesday, September 8 | ||
| NFIB Small Business Index | 99.2 | USD |
| Consumer Credit m/m | 13.2B | USD |
| Wednesday, September 9 | ||
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |
| ADP Weekly Employment Change | USD | |