Gold bid dropped to $4137.62 as of 04:42 UTC—down $3.90 on the day and marking its fifth straight daily decline. The October 2 close at $4202.3 stands well below the September 27 high of $4351.6. Daily volume held steady at 156,277 contracts over the past two sessions. With no major central bank meetings or inflation reports due until early next week, the move reflects broad USD strength and fading safe-haven demand. The next catalyst is the US ISM Services PMI, due October 5 at 17:00 UTC.
Based on ForTraders market data as of 2026-10-03 04:50 UTC.



