Gold Eases On Inflation Concerns; US Payrolls Data In Focus
Faizan Hashmi
Published: November 06, 2026
WORLD CAPITALS (UrduPoint / Pakistan Point News / WAM - 06th Nov, 2026)
Gold prices eased on Friday as inflation concerns reinforced expectations that interest rates would remain higher for longer, though bullion remained on track for a weekly gain as investors awaited key US payrolls data later in the day.
Spot gold fell 0.6 percent to $4,063.39 per ounce by 0248 GMT, but was up 4 percent so far this week. US gold futures for December delivery dropped 1 percent to $4,072.90.
Among other metals:
- Spot silver rose 0.3 percent to $51.91
- Platinum gained 0.4 percent to $1,523.63
- Palladium fell 0.2 percent to $1,029.22
All three metals were headed for weekly gains.
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