Selena_Paul

Gold price today (October 5)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Gold prices today are trading calmly, with minimal fluctuations. Gold continues its sideways trend, with prices expected to remain unchanged from the start of the morning trading session.

The USD and bond yields continue to pose a threat to this precious metal, as any attempts to increase gold prices are being suppressed. However, today's trading session appears to be stable, as market sentiment seems to be focused on the release of the US Labor Department's September employment report on Friday. Therefore, it is likely that gold will continue to fluctuate within a narrow range of 1830 - 1815 USD before the event takes place and sheds light on the direction of gold.
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