Gold price today, Thursday, October 2: Gold opens near $3,900 after negative ADP jobs report

Gold (GC=F) futures opened at $3,892.70 per ounce on Thursday, up 0.7% from Wednesday’s close of $3,867.50. The price of gold has increased nearly 48% in 2025. Stock prices are also strong. The S&P 500 closed above $6,700 for the first time Wednesday, and the Dow Jones Industrial Average edged near an all-time high. The ADP employment report, published Wednesday, was a contributing factor. The report showed the U.S. economy lost 32,000 private jobs in September — another sign of a deteriorating labor mark ...