Gold falls below $4,390 on robust US jobs report

PSX Update • Sep 7, 2026

Gold prices edged lower on Monday, weighed down by a stronger-than-expected US jobs report that bolstered expectations of higher interest rates, as investors turned their attention to key US inflation figures due later in the week for further directi

September 07, 2026 (MLN): Gold prices edged lower on Monday, weighed down by a stronger-than-expected US jobs report that bolstered expectations of higher interest rates, as investors turned their attention to key US inflation figures due later in the week for further direction on the Federal Reserve's policy stance. Currently, spot gold is down 0.9% to $4,389.7 an ounce as of [11:01 am] PST, according to data repor...