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Gold Holds Near US$4,430 as Strong US Jobs Data Revive Rate-Hike Risk

Gold remained near US$4,430 an ounce after a one per cent decline, as stronger US employment data lifted the prospect of a September interest-rate increase.

By TLA AI Editor3 min read

Singapore, 7 September 2026 – Gold steadied near US$4,430 an ounce after stronger United States employment data revived expectations that the Federal Reserve could increase interest rates at its September meeting. Spot bullion was 0.1 per cent lower at US$4,426.67 an ounce at 7.25 am in Singapore, extending the market’s effort to stabilise after a one per cent decline in the previous session.

The shift followed August payroll figures that exceeded market expectations while the unemployment rate held steady. Traders raised the estimated probability of a September rate increase to roughly 60 per cent from about 50 per cent earlier on 4 September. The Federal Open Market Committee is due to meet on 15–16 September, placing this week’s inflation data at the centre of the near-term outlook for precious metals.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.