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News 2026-10-06 01:06 UTC

Gold steady as firm dollar counters softer U.S. rate hike bets

Spot gold held its ground at $4,141.81 per ounce as the dollar firmed, making greenback-denominated commodities more expensive for holders of other currencies. Expectations of a U.S. rate hike in October eased after data showed U.S. job growth slowed more than expected.