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Gold price loses momentum as soft US jobs report fails to spark rebound

If something can’t go up on good news, that is rarely a good sign in markets.In theory, the softer US jobs report at the end of last week should have been a clean setup for gold. The non-farm payrolls figure rose by just 29k in September, well below expectations around 90k, while the unemployment rate…

Elena Marsh · October 5, 2026 · 1 min read

If something can’t go up on good news, that is rarely a good sign in markets.In theory, the softer US jobs report at the end of last week should have been a clean setup for gold. The non-farm payrolls figure rose by just 29k in September, well below expectations around 90k, while the unemployment rate…

Source: ForexLive.

Written by Elena Marsh
Markets Editor · Published October 5, 2026
Writes about broker regulation, market structure, and how to evaluate trading platforms for GlobalFXHub.