Gold prices surged early in the trading day on Friday but have shown a significant downturn over the course of the session.
After jumping by as much as $56.70 an ounce or 1.4 percent to a high of $4,259 an ounce, gold for December delivery has slid $35.10 or 0.8 percent to $4,167.20 an ounce.
The price of the precious metal initially advanced following the release of a closely watched Labor Department report showing much weaker-than-expected job growth in the month of September.
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Market Analysis
Gold Prices Turn Lower As Treasury Yields Rebound From Initial Slump
2026-10-02 17:38:09
