Gold Hits Over 3-Week Low

Gold Hits Over 3-Week LowSingapore, 2 Sep 2026 (ONA) — Gold fell today to its lowest in more than three weeks, as the escalating Middle East conflict lifted oil prices and stoked inflation and rate-hike fears, while investors focused on upcoming US jobs data. Spot gold was down 0.6% at $4,304.01 per ounce, its lowest since 7 August. Prices were headed for a fourth straight session of losses and remained below the 200-day moving average, a closely watched technical level. US gold futures for December delivery fell 1% to $4,350.80. Among other metals, spot silver lost 1% to $63.60 per ounce, platinum edged 1% lower to $1,722.23 and palladium fell 1.4% to $1,292.21. — Ends/AH