Gold price today, Friday, October 3: Gold hovers near $3,900 as shutdown pauses employment data

Gold (GC=F) futures opened at $3,880.40 per ounce on Friday, up 1.1% from Thursday’s close of $3,839.70. On Wednesday, gold reached an all-time high of $3,891.90. The scheduled September employment report will not be released by the Bureau of Labor Statistics on Friday until the federal government shutdown ends. The jobs data will be an important gauge of the health of the U.S. labor market following the Fed’s quarter-point interest rate reduction in September. For now, analysts will rely on private data ...