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Oct 01, 2025
Gold near $3,874 as markets eye NFP on October 3
Investors balance rate bets and dollar moves
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Gold rose on October 1, 2025, trading around $3,874 per ounce, supported by a weaker dollar and safe-haven demand at the start of the fourth quarter. Technically, the yellow metal maintains key support at $3,825 with resistance near $3,880 – $3,905, while the MACD indicator signals sustained positive momentum. |
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With the release of the U.S. Non-Farm Payrolls (NFP) report due on October 3, investors remain cautious:
- Strong data could strengthen the dollar and push gold toward $3,800 support.
- Weak data may boost expectations of steady interest rates and open the way for a test of $3,905 – $3,950.
Short-term Outlook:
- Holding above $3,850 keeps the upside toward $3,900 – $3,920 in play before NFP.
- A break below $3,825 could trigger a correction toward $3,800.
- Overall trend remains bullish unless price falls clearly below $3,800.