Can gold price catch a bid? US labor market continues to struggle as ADP says 38K jobs created in August

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(Kitco News) - After seeing significant selling pressure since the start of the week, the gold market is trying to find some solid ground as the private sector created fewer jobs than expected in ...

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US labor market continues to struggle as ADP says 38K jobs created in August","media":"Kitco","content":"<div>\n<p>(Kitco News) - After seeing significant selling pressure since the start of the week, the gold market is trying to find some solid ground as the private sector created fewer jobs than expected in ...</p>\n\n<a href=\"https://www.kitco.com/news/article/2026-09-02/can-gold-price-catch-bid-us-labor-market-continues-struggle-adp-says-38k\">网页链接</a>\n\n</div>\n","source":"kitco_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can gold price catch a bid? 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US labor market continues to struggle as ADP says 38K jobs created in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-02 12:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.kitco.com/news/article/2026-09-02/can-gold-price-catch-bid-us-labor-market-continues-struggle-adp-says-38k><strong>Kitco</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Kitco News) - After seeing significant selling pressure since the start of the week, the gold market is trying to find some solid ground as the private sector created fewer jobs than expected in ...</p>\n\n<a href=\"https://www.kitco.com/news/article/2026-09-02/can-gold-price-catch-bid-us-labor-market-continues-struggle-adp-says-38k\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DGP","symbol_name":"二倍做多黄金ETN(PowerShares)","start_time":0,"source_url":"https://www.kitco.com/news/article/2026-09-02/can-gold-price-catch-bid-us-labor-market-continues-struggle-adp-says-38k","article_id":"2664110758","we_media_id":null,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/news/article/2026-09-02/can-gold-price-catch-bid-us-labor-market-continues-struggle-adp-says-38k","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2664110758","pubTimestamp":1788323220,"columns":[],"sourceInfo":{"source_id":"kitco_highlight","name":"Kitco"},"weMediaInfo":null,"summary":" - After seeing significant selling pressure since the start of the week, the gold market is trying to find some solid ground as the private sector created fewer jobs than expected in August.Private-sector payroll processor ADP said Wednesday that 38,000 jobs were created in August, down from 46,000 in July. The data came in weaker than expected, as consensus estimates had forecast a gain of 47,000 jobs.The report said this was the slowest pace of job creation since January. The manufacturing sector led the broader economy in job losses, while professional services and information also shed workers.The gold market is seeing limited buying interest in the initial reaction to the disappointing labor market data. Spot gold last traded at $4,335.20 an ounce, up 0.20% on the day.","collect":0,"end_time":0,"defaultTopTitle":"kitco.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DGP":"二倍做多黄金ETN(PowerShares)","SGDM":"Sprott Gold Miners ETF","TSPA":"T. Rowe Price U.S. Equity Research ETF","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","IWB":"罗素1000指数ETF-iShares","GDXJ":"小型黄金矿业ETF(Market Vectors)","GBUG":"Sprott Active Gold & Silver Miners ETF","JNUG":"金矿指数二倍做多ETF","TURF":"T. 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The data came in weaker than expected, as consensus estimates had forecast a gain of 47,000 jobs.The report said this was the slowest pace of job creation since January. The manufacturing sector led the broader economy in job losses, while professional services and information also shed workers.The gold market is seeing limited buying interest in the initial reaction to the disappointing labor market data. Spot gold last traded at $4,335.20 an ounce, up 0.20% on the day.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}