Gold prices saw a slight uptick on Friday but are poised for their first weekly decline in five weeks. Lingering inflation worries and the volatile U.S.-Iran conflict are keeping markets on edge. While recent diplomatic efforts hint at de-escalation, investor sentiment remains cautious, influencing gold’s trajectory amidst fluctuating oil prices and interest rate expectations.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
October 2, 2026