MoneyWorks4Me

Gold futures finish sharply lower after strong jobs report

10 Oct 2025 Evaluate
Gold futures finished sharply lower on Thursday, marking the sharpest fall since August, as the safe haven appeal of the bullion dulled after stronger than expected US jobs data. Additionally, stronger dollar and hawkish Fed stance along with the technical correction at prevailing levels saddled the yellow metal rates. 

Gold futures for December delivery tumbled by $97.90 or 2.4% to $3,972.60 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $3.98 or 0.10% to $ 3,973.93 an ounce.

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