Gold tumbles to near $4,395 in Monday’s early Asian session after Friday’s +162K NFP vs 56K expected lifted CME FedWatch September hike odds to about 58.3%.
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.
PBOC’s August gold reserves add (+650k oz to 76.73M) is a separate official-reserves print — distinct from this Asian gold / China banks note.
Gold’s Tuesday Asia snap near $4,425.55 is a separate session tape — distinct from this gold / PBOC / USD-JPY / tanker note.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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