
Gold Tumbles Toward $4,380 as Blockbuster NFP Lifts USD
Gold tumbles to around $4,380 (−2.10%) after August NFP printed +162K vs 56K, as the dollar and yields bid.
Gold tumbles to near $4,395 in Monday’s early Asian session, desk stamps, after Friday’s +162K NFP vs 56K expected lifted CME FedWatch September hike odds to about 58.3%. Distinct from Friday’s post-NFP tumble.

Gold price tumbles to near $4,395 during the early Asian session on Monday. That is the Monday 7 September 2026 stamp, corrected at 01:45 GMT to say Asian session, not European.
US Nonfarm Payrolls climbed by 162K in August, following July’s 21K and beating market expectations of 56K by a wide margin on that page. Markets dialled up bets on a September rate hike, pricing in a roughly 58.3% likelihood versus an even chance earlier in Friday’s session, according to CME FedWatch on the same page. Higher hike odds dent non-yielding bullion. The page also stamps Middle East escalation color — Iran said it targeted tankers after US attacks over the weekend — as oil-driven inflation fear that can weigh on gold.
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Gold tumbles to around $4,380 (−2.10%) after August NFP printed +162K vs 56K, as the dollar and yields bid.

West Texas Intermediate trades around $89.50 a barrel during Asian hours on Friday as US military escorts through Hormuz stay on the tape.

Gold gains momentum to around $4,470 during the early Asian session on Friday as Fed hike bets ease after Waller.