Gold bias flipped 6 times to neutral on September 6, 2026
Gold prices were pressured by a strong U.S. jobs report that revived expectations of further interest rate hikes, which typically weigh on the metal. Geopolitical concerns, including tensions with Iran and Russia, and central banks' gold purchases are providing some offsetting support. However, the metal's recent rally has shown signs of weakening amid these mixed signals.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 6 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
- 00:23Bullish
- 04:19Weak bullish
- 04:34Neutral
- 06:29Weak bullish
- 09:24Bullish
- 12:54Neutral
Headlines (23)
First seen on September 6
- Iran claims strike on US ship in Strait of Hormuz as fighting escalatesfrance24.com
- Is the U.S. losing its safe-haven status? Why global central banks are pulling gold out of New York.MarketWatch
- US Added 162,000 Jobs in August, Fueling President Trump To Push for Lower Interest Rates Amid Trade Deficit Warningsdailyhodl.com
- Gold Slammed as Strong Jobs Report Revives Rate Hike FearsGold Eagle
- Gold’s Recent Rally is Weakening … But an Up Week Can Right ItGold Eagle
- Is U.S. losing its safe-haven status? Why global central banks are pulling gold.MarketWatch
- Trump official says ‘there may not be a nuclear agreement’ with IranAl Jazeera
- Europe failing to deter Russia’s ‘hybrid’ war, warn defence officialsFinancial Times
Carried over from earlier days
- 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
- U.S. job growth smashes expectations in August, unemployment rate remains flatInvesting.com
- Bitcoin and Gold Crash As US Payrolls Crush ForecastsBeInCrypto
- US jobs report beats all expectations, boosts case for a September hikeING Think
- 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
- Labour workingFinancial Times
- The BLS Revised April Up 64,000, Then Down 31,000. Gold Traded the First Print.GoldSilver
- Gold falls as traders increase Fed hawkish bets after stellar NFPFXStreet
- Rates Climb, Stocks Dip After Strong U.S. Jobs DataThe Wall Street Journal
- Gold Faces Fresh Pressure as Payroll Surge Boosts September Hike OddsInvesting.com
- Jim Rogers on $50,000 Gold & When I'm Sellingyoutube.com
- Gold Price’s Coin Flip Lasted A DayGold Eagle
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 | ||
| ADP Weekly Employment Change | USD | |
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |